by Mike Duff | Jun 3, 2026 | Retail Articles
Macy’s posted comparable sales gains across all three banners in the first quarter while earnings exceeded Wall Street expectations. Net income was $63 million, or 23 cents per diluted share, versus $38 million, or 13 cents per diluted share, in the year-prior...
by Mike Duff | May 28, 2025 | Retail Articles
Macy’s lowered its earnings guidance for the full fiscal year while maintaining its sales forecast after posting first-quarter earnings that beat analyst estimates despite lower comparable sales. Net income was $38 million, or 13 cents per diluted share, versus $62...
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...
by Mike Duff | Aug 21, 2024 | Featured News, Retail Articles
Macy’s beat a second-quarter Wall Street earnings estimate, but comparable sales slipped as the company prepares for the upcoming holidays by fortifying its home product assortment. Net income was $150 million, or 53 cents per diluted share, versus a net loss of $22...
by Mike Duff | Feb 5, 2024 | Retail Articles
In connection with its leadership succession plan made public on March 29, 2023, Macy’s has announced that Tony Spring has taken over the CEO role at the company, succeeding Jeff Gennette, who is retiring. Gennette will continue as chair of the Macy’s board until the...
