Scalper1 News
It’s been a busy week for department stores, with Macy’s (M), Dillard’s (DDS), Nordstrom (JWN) and Kohl’s (KSS) all reporting third-quarter results. The takeaway has been generally good, with cautious but healthy views toward the pending holiday season. Flagship stock Macy’s soared past earnings expectations with a 31% year-over-year increase. Sales also beat consensus views and same-store sales jumped 3.5%, vs. forecasts for a 2.1% gain. Shares Scalper1 News
Scalper1 News