Debenhams Beats Estimates But Cuts Margin Target

Debenhams Plc, the U.K.’s second-largest department-store chain, reported Christmas sales that exceeded estimates and cut its forecast for full-year margin growth as it stepped up promotions to gain shoppers.
What I Learned Today: Renaissance Macro's Neil Dutta
31:48 - On “Morning Must Read,” Tom Keene recaps the op-ed pieces and analyst notes that provide insight into today's headlines. Nomura Securities Chief Economist and Managing Director Lewis Alexander also speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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