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Archive Home > 2008 > August > 14 > Macy’s posts lower profit, cuts outlook

Macy’s posts lower profit, cuts outlook


August 14, 2008

NEW YORK — Macy’s Inc. posted a lower second-quarter profit Wednesday and warned that its full-year earnings will be below expectations.

That, along with a pared-down outlook from a key supplier and a somber government report on retail sales in July, suggests a persistent....

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