Business & Finance
Macy’s Falls on Guidance Despite Sales Beat, Better Outlook
Key Points
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)