Analyst Maintains Macy's Buy Rating as Better Weather Aids Results - Presented by: The Aol. On Network

Bad weather weighed on Macy's sales in the first quarter, but the retailer's profit still managed to narrowly beat analyst expectations. Despite a 1.7 percent drop in quarterly sales, CEO Terry Lundgren said soft business trends improved in April as the weather warmed, which the company sees as a positive sign for the second quarter.



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