Macy’s comparable sales grow 0.6% in Q1 2019
Macy’s, Thursday, May 16, 2019
Macy’s has reported results for the first quarter of 2019. Revenue declined to USD5.5 billion from USD5.54 billion in the year-ago quarter, but comp sales rose 0.6% on an owned basis and 0.7% on an owned plus licensed basis. This reflects the department store's sixth consecutive quarter of comparable sales growth.