Macy's and American Eagle Drop, JetBlue Dips | Stock Movers
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On this episode of Stock Movers: - Macy's (M) shares are lower, erasing an earlier advance, as investors weigh much better-than-expected comparable sales and adjusted EPS in the second quarter against a less robust third-quarter guidance. The full magnitude of the 2Q beat is not reflected in the annual guidance boost. - American Eagle (AEO) is falling after the apparel firm’s second-quarter total comparable sales fell short of the average analyst estimate. - JetBlue (JBLU) shares are falling after the airline slashed its available seat miles forecast for the third quarter. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloombe
Tags: Alexis Christoforous, American Eagle Outfitters Inc., Consumer Goods; Retail, Consumer Spending, JetBlue, JetBlue Airways Corp., Lisa Mateo, Macy's, Macy's Inc., Paul Sweeney, corporate earnings, earnings
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