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Archive Home > 2009 > November > 12 > Macy’s posts smaller loss, raises outlook

Macy’s posts smaller loss, raises outlook


November 12, 2009

NEW YORK — Macy’s Inc.’s third-quarter loss shrunk as tight inventory controls and a move to localize merchandise at its department stores by region paid off. The company also raised its full-year profit and sales outlook.

The profit outlook, including a tempered forecast for the fourth quarter,....

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