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 and Bluemercury was offset primarily by weakness in Macy’s non-First 50 and non-go-forward locations. Macy’s Inc. go-forward business comparable sales were up 0.6 percent on an owned, licensed and marketplace basis.
Macy’s said it expect sales to decline again this year as even affluent customers of the department store chain wait to see ...
Macy’s issued a profit warning as it faces “external uncertainties” amid turnaround efforts, but it managed to shut down more ...
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With over 135 five star-ratings, shoppers described the "beautiful" sandals as "very classy," "so comfortable," and ...
The largest department store chain in the United States, like many other retailers, have recently warned that shoppers may be ...
Macy's forecast annual sales and profit below Wall Street's expectations on Thursday, joining several U.S. retailers in ...
Macy’s is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as ...
Thanks to revamped locations and gains at Bloomingdale’s and Bluemercury, though, the department store continues its ...
Macy's said it expects 2025 net sales between $21 billion and $21.4 billion, compared with the average analyst estimate of ...
Macy’s Inc. gave a more downbeat outlook for sales and profit this year than Wall Street had been expecting, a sign ...
Amid unease about how trade policies will shape the economy, Macy’s wants to welcome American shoppers eager for a respite, ...
Macy’s, Inc. (NYSE: M) today reported financial results for the fourth quarter and fiscal year 2024 and provided fiscal year ...
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