(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. ...
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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 ...
The retailer announced back in February 2024 plans to shut down 150 "underproductive" Macy's store locations by 2026. The plan "is designed to return the company to sustainable, profitable sales ...
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 ...
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 ...