Macy’s warned of weaker revenue in the crucial year-end period, saying net sales will likely come in at the low end or slightly below its previously guided range of $7.8 billion to $8 billion.
Macy’s Inc. shares are down 1.8% in premarket trading Monday after the retailer warned that holiday sales could be weaker than expected. In an update early Monday, Macy’s said that fourth-quarter ...