Macy's To Beat Analyst Estimates And Cut Jobs
January 09, 2014 at 08:34 AM EST
What a difference a few months can make. Macy’s (NYSE: M ), the country’s second-largest department store chain, said it would beat analysts' estimates for profit through January 2015. In a statement, the company forecast profits per share of $4.40 to $4.50. According to Bloomberg , the average of 19 analysts’