More on Macy's (M) Q3: Online sales soared 40% and contributed 2.2 percentage points to the...

|About: Macy's Inc. (M)|By:, SA News Editor

More on Macy's (M) Q3: Online sales soared 40% and contributed 2.2 percentage points to the company's rise in same-store sales. Gross margin improved 20 bps to 39.6% of sales. The retailer increases full-year guidance to $3.35-$3.40, from a prior estimate of $3.30-$3.35. Shares -0.9% premarket. (PR)