Cramer Remix: Don't take your cue on all of retail from Macy's

Cramer Remix: Don't take your cue on all of retail from Macy's

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/15/cramer-remix-dont-take-your-cue-on-all-of-retail-from-macys.html

Macy's weaker-than-expected holiday sales results seems to be more of a Macy's problem than a retail industry problem, CNBC's Jim Cramer said Tuesday.

Shares of the old-line department store operator saw their worst trading day ever after Macy's reported lower holiday sales for the end of 2018 and slashed its earnings outlook for the year. Management specifically highlighted women's sportswear, sleepwear, fashion jewelry, fashion watches and cosmetics as areas of weakness.

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