(Bloomberg) -- Macy’s Inc. issued a downbeat outlook for sales in the current quarter, a sign that executives might have been too optimistic about their expectations for a solid holiday shopping ...
Investing.com -- Macy’s Inc (NYSE:M) shares fell more than 2% after the retailer issued a more cautious sales outlook for the fourth quarter. The company now projects net sales to range from $7. ...
Macy's Inc. M provided an update on its fourth-quarter fiscal 2024 performance, alongside slightly pulling down its sales outlook. However, the continued success of targeted initiatives at Macy ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Macy’s shares could remain in focus on Tuesday after the struggling department store ...
The department store operator said its go-forward business achieved quarter-to-date comparable sales growth, with Macy’s First 50 locations and luxury nameplates Bloomingdale’s and Bluemercury ...
Macy's gave its fourth-quarter update just days after announcing a slate of store closures Macy's Inc. shares slid 3.4% in premarket trades after the retailer said that its fourth-quarter sales ...
and overall sales would be at or below its earlier guidance. Last February, Macy's announced it would be closing 150 locations over three years as it deals with weak sales. Macy's (M) shares ...
Macy’s Trims Sales Outlook After Holidays Didn’t Deliver Department store now sees 4Q sales at or below prior forecast Company’s 50-store strategy to be expanded to 75 more stores ...