Macy's sinks following earnings report, with guidance cut even worse than feared; M now -7% in pre-market at 34.25
- This follows disappointing Gap (GPS) earnings/guidance yesterday.
- Related stocks to watch: Upcoming Department Store Earnings Releases: Kohl's (KSS) reports earnings May 12 before the open, Nordstrom (JWN) May 12 after the close, JC Penney (JCP) May 13 before the open, Sears (SHLD) early Jun