NEW YORK (AP) — Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending by customers, rising competition and sluggish demand for ...
(“They let me in Macy’s in the middle of the night,” she said on “The Today Show” that weekend.) While Macy’s refused to share specific sales data or other metrics, the special appears to have been ...
Macy's reported adjusted earnings per share of $0.04, which beat Wall Street's expectation of $0.03. Net sales declined 2.4% from a year ago to $4.74 billion, versus $4.75 billion expected.
Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over ...
Macy’s is shuttering dozens of locations, but that’s not necessarily a bad thing for the iconic department store chain’s bottom line. The company expects to generate $275M of revenue from ...