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Earnings roundup: Macy's, Liz Claiborne

By Associated Press
May 13, 2009 | Comments (0)

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Among the earnings stories for Wednesday, May 13, from AP Financial News:

NEW YORK (AP) _ Department store operator Macy's Inc. reported a wider first-quarter loss as it restructured its businesses to adapt to a drop in consumer spending.

NEW YORK (AP) _ Apparel maker Liz Claiborne Inc. said its first-quarter loss deepened on restructuring charges and a drop in same-store sales stemming from lower consumer spending and an extra week of sales in the year-earlier period.

PLANO, Texas (AP) _ Dr Pepper Snapple Group Inc. said its first-quarter profit rose 39 percent, boosted by a deal to sell distribution rights to Hansen Beverage Co.

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