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 | 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...
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 | 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...
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...
