Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...
Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid ...
Macy's on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of ...
Shares did recover in late-day trading ... better than the decline of 3.3% during the previous quarter. Macy’s stores had a 2.2% comparable sales decline while Bloomingdale’s had a 2% increase.
Comparable store sales fell 1.3%, better than the decline of 3.3% during the previous quarter. Macy’s stores had a 2.2% comparable sales decline while Bloomingdale’s had a 2% increase.
The metric represented 0.9% of sales, up 20 basis points from the year-ago quarter. Comps across Macy’s declined 3% year over year on an owned basis and 2.2% on an owned-plus-licensed-plus ...
Kohl's Corp.-0.42% $1.59B ...
Macy's (M) on Wednesday posted its official third quarter results after it concluded an internal investigation into an employee hiding up to $151 million of expenses that led to a delay in reporting.
The popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in ...