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Why Macy’s Shares Are Falling

Why Macy's Shares Are Falling

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Shares of companies in the broader retail space, including Macy’s Inc (NYSE: M), are trading lower in sympathy with Bed Bath & Beyond, which fell following worse-than-expected second-quarter sales and third-quarter guidance below estimates. Bed Bath & Beyond shares are trading lower after the company reported second-quarter EPS of $0.04, down from $0.50 year over year and worse-than-expected second-quarter sales results.

...read full article on Benzinga

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