Macy's (M) Nov Comps Miss Views; Co. Reiterates Q4 Comps

November 29, 2012 8:01 AM EST
Macy's (NYSE: M) November comps down 0.7%, versus an expected rise of 2.5%.

Company reiterates guidance for Q4 same-store sales to be up by approximately 4.2%.

Fourth quarter earnings per diluted share are expected in the range of $1.94 to $1.99, excluding costs associated with the previously announced debt tender offer.

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