More on Macy's (M) December sales: A solid sales month for the company with the "lingering"...

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

More on Macy's (M) December sales: A solid sales month for the company with the "lingering" effects of Hurricane Sandy and economic uncertainty both a factor. Execs note omnichannel initiatives are paying off with fulfillment stores processing online orders. Online sales for the month were up 51.7% Y/Y. Due to the aforementioned headwinds, the retailer lowers its estimate for Q4 EPS to $1.91-$1.96 from prior guidance of $1.94-$1.99. M -0.9% premarket.