Macy's (M) August Comps Up 5.1%, Versus Expected 3.3%

August 30, 2012 8:04 AM EDT
Macy’s, Inc. (NYSE: M) same-store basis rose 5.1 percent in August 2012 as compared to August 2011, versus the consensus of up 3.3 percent.

Total sales wer $1.812 billion for the four weeks ended Aug. 25, 2012, an increase of 5.7 percent.

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