Beata Zawrzel / NurPhoto via Getty Images Macy's missed second-quarter revenue and comparable store sales estimates as the retailer faced a tough consumer environment. The biggest U.S. department ...
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Macy's (M) is reporting another quarter of declining sales, a month after turning down a $6.9 billion buyout offer. On Wednesday, Macy's reported a 3.8% year-over-year decline in net sales to $4.9 ...
Macy’s slashed its annual sales forecast on disappointing second quarter earnings as the iconic department store struggles to win over inflation-battered customers. Macy’s shares plunged 13% ...
NEW YORK, Aug. 21 (Xinhua) -- Macy's Inc. narrowly missed analysts' expectations for its second-quarter revenue and revised its sales outlook downward for the remainder of the year on Wednesday ...
FILE - Cars are parked in front of a Macy's store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh, Copyright 2024 The ...
Macy's lowered its annual net sales forecast today, blaming higher promotions and weak demand for upscale apparel and accessories from deal-hungry consumers in the US, sending its shares down 12%.
Macy’s Inc.’s stock M fell 14% Wednesday after the department-store chain missed sales and same-store sales estimates for its fiscal second quarter and lowered its full-year guidance ...