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Macy’s profit soars past expectations and raises its full-year outlook

Macy's profit soars past expectations and raises its full-year outlook

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Macy’s Inc. M, -4.49% stock jumped 7.9% in Thursday premarket trading after the department store retailer reported third-quarter earnings that trounced Street expectations. Net income totaled $239 million, or 76 cents per share, after a loss of $91 million, or 29 cents per share, last year.

...read full article on Market Watch

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