Category: News
Macy’s lifts annual forecast as luxury banners thrive under CEO turnaround
By Neil J Kanatt and Danielle Kaye Sept 10 (Reuters) – Macy’s raised its forecasts on Thursday, buoyed by robust spending among higher-income shoppers at its upscale Bloomingdale’s and Bluemercury …
Oracle, SpaceX, Cooper Cos., Macy’s, Apple, Navan, and more stocks that explain today’s market
Cooper Cos. is the S&P 500’s worst performer.
Macy’s CEO on Why He’s Cutting Prices on Furniture, Jewelry
Macy’s chief executive said the retailer would invest $96 million of its tariff refund back into the company, with some of the money going toward price cuts on furniture. “The furniture business was …
Macy’s and American Eagle Both Got Crushed but Only One Looks Worth Buying
Macy’s and American Eagle both reported earnings within hours of each other, both got punished by the market, and yet only one of them belongs anywhere near a retirement portfolio. The reasons why …
Macy’s lifts forecasts as luxury banners thrive, but turnaround costs hit shares
By Neil J Kanatt and Danielle Kaye Sept 10 (Reuters) – Macy’s raised its forecasts on Thursday, buoyed by robust spending among higher-income shoppers at its upscale Bloomingdale’s and Bluemercury …
Macy’s Inc. Reports Solid Q2, Raises Outlook
CEO Tony Spring cites gains across the retailer’s three divisions, with particular ongoing strength at Bloomingdale’s.
Link: https://www.msn.com/en-us/money/economy/macy-s-inc-reports-solid-q2-raises-outlook/ar-AA2bXi1G
Macy’s bets on pricier products to win wealthy shoppers
The department-store chain raised its full-year outlook Thursday, which executives said was partly driven by higher prices on its products.
Macy’s Sinks 5% Despite Raised Full-Year Outlook, Kohl’s and TJX Barely Budge
Shares of Macy’s, Inc. (NYSE:M) are down 5% to $20.45 in early Thursday trading. The slide arrives despite a fiscal second-quarter beat and a raised full-year outlook that the company delivered before …
Link: https://www.aol.com/articles/macy-sinks-5-despite-raised-131832000.html
Macy’s shows signs of a turnaround with stronger-than-expected earnings
Macy’s ( M) reported a stronger-than-expected second quarter, with growth across all three nameplates and improved profitability.
Macy’s (M) Stock Tumbles Despite Strong Q2 Beat and Upgraded Outlook
Macy’s (M) stock fell 4.7% in premarket despite crushing Q2 earnings expectations and raising full-year guidance for the second time in 2026.
Link: https://blockonomi.com/macys-m-stock-tumbles-despite-strong-q2-beat-and-upgraded-outlook/