At the first 50 stores that Macy's has overhauled, same store sales rose 1.9%. The company now expects earnings per share to be $2.25 per share to $2.50 per share for the year, down from its ...
Comparable sales (comps) fell on an owned-plus-licensed-plus-marketplace. Macy's strategic initiatives for fiscal 2024 focus on executing its "Bold New Chapter" strategy, which includes ...
Barington Capital Group and Thor Equities claim Macy's valuation has significantly declined over the past decade, with its shares dropping by around 70% due to ongoing challenges in the department ...
Copyright 2024 The Associated Press. All Rights Reserved. People watch from inside as a Macy’s float passes during the Macy’s Thanksgiving Day parade, Nov. 28 ...
Macy’s is facing a rough holiday season after revealing disappointing sales figures and slashing its profit outlook. The grim outlook provided by bosses this morning has sparked fears for the ...
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 lowered its earnings estimates for the year after its third quarter results showed weakness in its sales. AP Macy’s delayed its third quarter earnings report by two weeks after it ...