NEW YORK (AP) — Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending by customers, rising competition and sluggish demand for ...
Macy's CEO Tony Spring, after taking over in February, announced a plan to close 150 stores, while upgrading another 350. At the first 50 stores that Macy’s has upgraded, same store sales rose 1 ...
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Macy’s is attempting to find a formula to reinvigorate sales. In the past year it has tested different tactics in dozens of stores, like more salespeople in fitting room areas and shoe departments.
Macy's reported adjusted earnings per share of $0.04, which beat Wall Street's expectation of $0.03. Net sales declined 2.4% from a year ago to $4.74 billion, versus $4.75 billion expected.
NEW YORK (AP) — Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert spending to basics like groceries as they deal with ...
Macy’s First ... filed today with the Securities and Exchange Commission ("SEC"). The company expects to file its Form 10-Q for the fiscal quarter ended November 2, 2024 with the SEC tomorrow ...
Macy’s Inc. just reported another disappointing quarter with net sales down 2.4% to $4.7 billion. Not since first quarter 2022 has Macy’s Inc. reported positive year-over-year comps and that ...
Sales fell short of what analysts had expected, with sales declining at Macy's stores and rising at its higher-end brands Bloomingdale's and Bluemercury. The company's probe into an accounting ...