Macy’s Inc. issued a downbeat outlook for sales in the current quarter, a sign that executives might have been too optimistic ...
The company provided investors with an update ahead of its fireside chat at the ICR Conference, scheduled for Tuesday morning ...
Macy’s shares could remain in focus on Tuesday after the struggling department store said holiday quarter sales may be ...
Macy’s Inc. shares slid 7.3% after the retailer said that its fourth-quarter sales will be at or slightly below the low end ...
Department store chain Macy's has announced 64 locations that will close in 2025. The stores are expected to hold clearance ...
About a month after its third-quarter report, Macy’s reduced its outlook for fourth-quarter sales due to weak holiday results at its lowest-performing stores, many of which are set to be closed.
Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand ...
Macy's said on Monday it expects fourth-quarter net sales to be slightly below the low-end of the previously issued range of ...
Macy’s Inc. shares are down 1.8% in premarket trading Monday after the retailer warned that holiday sales could be weaker than expected. In an update early Monday, Macy’s said that fourth-quarter ...
Macy’s warned of weaker revenue in the crucial year-end period, saying net sales will likely come in at the low end or slightly below its previously guided range of $7.8 billion to $8 billion. The ...
Before Thanksgiving and Christmas kicked off in 2024, Macy’s (M) flagged a major shift in consumer behavior. The mall retailer, which owns its namesake stores along with Bloomingdale's and ...
The retailer announced back in February 2024 plans to shut down 150 "underproductive" Macy's store locations by 2026. The ...