for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Macy's raises annual sales forecast

Aug 19 (Reuters) - Macy’s Inc raised its full-year revenue forecast on Thursday, as vaccinations encourage more U.S. shoppers to return to its department stores to buy apparel and footwear.

The U.S. department store chain said it expects full-year net sales of $23.55 billion to $23.95 billion, compared with a previous forecast of $21.73 billion to $22.23 billion. (Reporting by Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up