Macy's (M) Same-Store Sales Down 8.1%
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Price: $24.82 -0.44%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: -0.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: -0.4%
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Macy’s, Inc. (NYSE: M) reported total sales of $1.543 billion for the four weeks ended Aug. 29, 2009, a decrease of 8.5 percent compared with total sales of $1.686 billion in the four weeks ended Aug. 30, 2008. On a same-store basis, Macy’s, Inc. sales were down 8.1% in August.
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