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 ...
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.
(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 ...
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.
Macy's gave its fourth-quarter update just days after announcing a slate of store closures Macy's Inc. shares slid 7.3% after the retailer said that its fourth-quarter sales will be at or slightly ...