Macy's reports EPS, revenue Q4 beat despite December slowdown

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Macy's reports EPS, revenue Q4 beat despite December slowdown

Macy's earnings report shows a EPS, revenue beat but fell short of expectations on same-store sales. The department store chain also announced a restructuring plan that it said should help it generate annual cost savings of $100 million. CNBC's Courtney Reagan reports on her interview with CEO Jeff Gennette.
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Tue, Feb 26 20198:26 AM EST