Macy's (M)

Macy's reported total sales of $1.641 billion for the four weeks ended Feb. 27, 2010, an increase of 4.0 percent compared with total sales of $1.577 billion in the four weeks ended Feb. 28, 2009. On a same-store basis, Macy's, Inc. sales were up 3.7 percent in February.
As with all the retailers, we need to keep in mind how bad their sales were last year. Last year Macy's reported same store sales were down 8.5% in Feb. This is a trend we are going to see for months to come - retailers reporting increased same store sales coming off such huge declines in sales last year.

Mar 5 · 11:17:00 AM · Source: Company Press Release
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by Rich Pike