Macy’s Inc.’s net sales fell more than 20% in the third quarter, while the company reported its third quarterly loss in a row, as the Covid-19 pandemic continues to ding retailers’ financial results.
Net sales were $3.99 billion and fell 23% from a year earlier. Analysts polled by FactSet expected them to be $3.91 billion.
Comparable sales—which…
This post first appeared on wsj.com
