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Macy’s Refocused Sales Growth Strategy Gains Traction in Q4

Macy’s Refocused Sales Growth Strategy Gains Traction in Q4

by Mike Duff | Mar 6, 2025 | Retail Articles

Macy’s ‘First 50’ namesake stores continued sales progress in the fourth quarter as its luxury brands, Bloomingdale’s and Bluemercury, made significant comp gains. Net income was $342 million, or $1.21 million per diluted share, versus a loss of $128...
Nordstrom Touts Strong Holiday Season; Macy’s Registers Mixed Results

Nordstrom Touts Strong Holiday Season; Macy’s Registers Mixed Results

by Mike Duff | Jan 14, 2025 | Retail Articles

In previewing early fourth-quarter results, including the 2024 holiday season, Nordstrom came out ahead of Macy’s, which still made some notable gains. In discussing the early results, Macy’s touted the strength and upcoming expansion of its First 50 remodeled stores...
Macy’s ‘First 50’ Stores Comps Stand Out in Mixed Q3 Results

Macy’s ‘First 50’ Stores Comps Stand Out in Mixed Q3 Results

by Mike Duff | Dec 11, 2024 | Retail Articles

Macy’s fell short of analyst expectations for adjusted earnings in its third quarter while posting a revenue beat with its updated First 50 stores reporting comparable sales that surpassed those of the rest of the company. Net income was $28 million, or 10 cents per...
Investors Challenge Macy’s Again To Change its Strategy

Investors Challenge Macy’s Again To Change its Strategy

by Mike Duff | Dec 9, 2024 | Featured News, Retail Articles

With investor groups again challenging Macy’s to take the operation in a new direction, the company responded it is willing to engage shareholders, but it is confident in the strategy currently under implementation.  The latest investor move comes after Arkhouse...
Investors Challenge Macy’s Again To Change its Strategy

Macy’s Delays Q3 Earnings Release While Investigating $154M Cash Discrepancy

by Mike Duff | Nov 25, 2024 | Featured News, Retail Articles

Macy’s is providing preliminary third-quarter results while delaying the release of its full financial results for the period as it investigates a former employee’s purported concealing of as much as $154 million in operational expenses starting in the company’s 2021...
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