CNBC Squawk On The Street May 11, 2017
Our road map begins with macys down double digits on the earnings miss. Shares of kohls taking a hit. Shares of snap also plunging more than 20 after its first public Earnings Report. Didnt go too well. But well dig in on the quarter. Fireworks expected on capitol hill later this morning. Acting fbi director Andrew Mccabe will take the stand in place of james comey. But first, comps are below consensus, down 4. 6 on the owned plus licensed basis. Macys says it expects the sales decline for the full year. This is nine straight quarters, jim, they have had comps in the red. Yeah. Ive got to dist...
Source: archive.org