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(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 ...
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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 ...
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 ...
Shares of department store Macy’s Inc. ($M) dropped 8% on Monday after the company lowered its sales outlook for its fourth-quarter, dampening retail sentiment. It ...
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.