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Here's everything you need to know about Macy's earnings

Macy's is set to report second-quarter earnings before the bell on Thursday.

Here's what Wall Street is expecting:

  • Earnings per share: 46 cents, according to analysts surveyed by Thomson Reuters.
  • Revenue: $5.518 billion, Thomson Reuters said.
  • Same-store sales: a drop of 3.2 percent, according to Thomson Reuters.

Earlier this year, Macy's shares plunged when the retailer reported a 39 percent drop in its fiscal first-quarter profit, hurt by a decline in sales and higher inventory that weighed on margins. Same-store sales —...