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Transcripts For CNBC Squawk On The Street 20140813
Low, but biggest since 1999. Amazing what booms are doing. Modest jump in europe. Road map begins with macys missing by 6 cents, and the ceo is optimistic about the futures saying customers are not. The full year profits lower than last year, well tell you why. King digital shares down in the premarket and earnings match spoiled by some lower revenue and guidance. And amazon quietly taking on paypal and square with the credit card reader for instore purchases. All right. Signs consumers are tightening their belts. Sales come in below expectationexpectation, and macys has orders of 80 cents a share, a miss, and retearer reduced full year comp
Sales Guidance
because growth in q2 failed to make up for the short fall in q2. They see comps 2 to 3 versus 4 for this quarter, jim, and any customers still not comfortable about spending more in an uncertain economic environment. Before we are negative on macys, the
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