Macy’s is ‘off to a good start’ despite quarterly sales decline – analyst says

Macy’s Inc (NYSE: M) had an “encouraging quarter” even though its sales declined another 2.7% on a year-over-year basis, says Bob Drbul – a Guggenheim Securities analyst. Drbul shares his view on Macy’s stock The chain of department stores came ahead of Street estimates this morning which suggests it’s “off to a good start with […]