Macy’s Sees 3.3% Increase in Total Sales for Third Quarter

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Macys_Logo-300Macy’s Inc. released its third quarter financial report which ended Nov. 2.   Sales in the third quarter totaled $6.276 billion, up to 3.3% from total sales of $6.75 billion in the third quarter of 2012, according to a press release.

For the year to date,  Macy’s Inc. sales totaled $18.7 billion, which saw an increase of 2.1% from the total sales of $18.3 billion in the first 39 weeks of 2012.

Looking ahead, the company reiterated its guidance provided in August 2013. Comparable sales are expected to increase in the range of 2.5% to 4% in the second half of 2013, and in the range of 2% to 2.9% for the full-year of 2013.

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