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Macy’s Falls on Guidance Despite Sales Beat, Better Outlook

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Macy’s Inc. tumbled after the company’s third quarter guidance left investors unimpressed, overshadowing a strong quarterly performance and increase in outlook. Bloomberg's Emily Cohn joins to discuss.

Macy’s Inc. tumbled after the company’s third quarter guidance left investors unimpressed, overshadowing a strong quarterly performance and increase in outlook. Bloomberg's Emily Cohn joins to discuss. (Source: Bloomberg)
Macy (ORG) Better Outlook Macy’s Inc. (ORG) Bloomberg (PERSON) Emily Cohn (PERSON)
Originally published by Bloomberg Markets Read original →