Macy’s Expects Sales to Drop Again This Year
Macy’s said it expect sales to decline again this year as even affluent customers of the department store chain wait to see how swirling tariffs and inflationary pressures affect the economy.
Macy's forecasts 2025 sales, profit below estimates on inflation, tariff uncertainty
March 6 (Reuters) - Macy's (M.N), opens new tab forecast annual sales and profit below Wall Street expectations on Thursday, reflecting a broader trend among U.S. retailers grappling with reduced ...
Macy's sets downbeat outlook, faces further sales erosion
As the iconic department store struggles with sagging sales and macroeconomic uncertainties, Macy’s (NYSE:M) disappointing outlook for the current quarter and fiscal year overshadowed better-than-expected fourth quarter results and drove shares lower ahead of Thursday’s opening bell.
Macy's Stock Falls After Chain Forecasts Drop in Sales
Macy's forecast another year of falling sales and gave earnings guidance that disappointed investors. Shares in the department-store chain slipped nearly 4% in premarket trading. Read more:
Macy's (NYSE:M) Reports Q4 In Line With Expectations
Department store chain Macy’s (NYSE:M) in Q4 CY2024, but sales fell by 4.4% year on year to $8.01 billion. On the other hand, the company’s full-year revenue guidance of $21.2 billion at the midpoint came in 0.
Macy’s closed 64 stores last year as the retailer’s gains from real estate sales more than doubled
In a mixed earnings report on Thursday, the department store chain offered an update on its turnaround plan and ongoing ...
Macy's turnaround hinges on revamping some stores and closing others. It appears to be working
Macy’s is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as ...
Macy’s fourth quarter is mixed and its 2025 outlook is tempered by tariffs and leery shoppers
Macy’s swung to a profit in the fourth quarter, though sales dipped with shoppers still cautious about spending.
Macy's misses the mark on sales growth and warns on profits as its challenges grow with tariffs
Macy's is joining a growing list of retailers to issue a weak outlook as the once iconic retailer posts tepid fourth quarter ...
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Macy’s stores on the chopping block weigh on holiday sales
Thanks to revamped locations and gains at Bloomingdale’s and Bluemercury, though, the department store continues its ...
Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War
The largest department store chain in the United States, like many other retailers, have recently warned that shoppers may be ...
Macy's Q4 Revenue Lag And Annual Outlook Disappoints Investors, Stock Slides
Macy’s Inc (NYSE:M) shares are trading lower in premarket on Thursday after the fourth-quarter earnings. The company reported ...
Business Wire2d
Macy’s, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results
Macy’s, Inc. (NYSE: M) today reported financial results for the fourth quarter and fiscal year 2024 and provided fiscal year ...
Macy’s Turns Profitable in Q4 Despite Net Sales Decline
Comparable owned, licensed and marketplace sales growth at Macy’s First 50 locations, Macy’s digital channel, Bloomingdale’s ...