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24.02.2015 - The financial statements of Macy's disappointed investors

US retailer Macy's has published a report according to which in the 4th quarter the company posted a net profit of 793 million dollars, or $ 2.26 per share, compared with 881 million, or $ 2.16 per share for the same period of the previous year. The company's sales rose to 9.364 billion dollars, which is slightly worse than the forecast of 9.399 billion. At the same time, the company announced on a new sales strategy focused on e-commerce and outlet centers. We forecast a weak growth of shares of the company this year - by 5-7%.

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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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