By  on February 27, 2008

Macy's Inc., managing its way through negative sales trends and merger issues, posted fourth-quarter results that by some measures surpassed the competition.

On Tuesday, the department store said earnings rose 2.3 percent to $750 million, or $1.73 a share, as sales for the quarter ended Feb. 2 slid 6.2 percent to $8.59 billion from $9.16 billion. Sales on a comparable-store basis were down 2 percent.

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