Macy's reports Q4 SSS up 3.9% Reports online sales, including macys.com and bloomingdales.com combined, were up 47.7% in Q4. Online sales positively affected the company’s Q4 same-store sales by 3.3 percentage points and are included in the same-store sales calculation for Macy's, Inc.
Macy's sales soft through mid-December, says Cleveland Research Cleveland Research said Macy's sales are tracking in the range of +1% to +2% through mid-December, vs. consensus of +2.2%. The firm said soft customer traffic trends remain the primary headwind for the quarter. Shares are Buy rated.