Macy's is set to report dismal Q2 numbers tomorrow. Surely Belk's numbers cannot be any better.
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Whenever a company is that secretive it’s because something nefarious is going on
Most Belk stores have been down 40-60 percent from last year. I don't know how much they are making up for with e-commerce though. Macy's and Nordstrom's have had better finances and a better credit rating than Belk. Fitch keeps ranking Belk as likely to default the end of the year. So we will see. Belk keeps everything so hush-hush.
Nordstrom reported sales down 50%.
Different animal than Belk, but still indicative of general economic issues in our nation. Don't believe dunald doofus and his cronies.
I do have a question? Doesn't anyone here have access to Belk FBR reports? Ya'll doing a lot of guessing, estimating, and fingers to the wind with your comments on Belk's financial results and status. Sycamore or not...can't tell me financials aren't around for a look see!