Macy's expects sales to fall this year, even as store revamp shows progress [CNBC]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: CNBC
The company said its plan to refresh many of its namesake stores while closing others is showing signs of progress. CEO Tony Spring said several factors, including gas prices and changes to tariff policy, could affect consumers in the coming months. In this article A person exits the Macys Flagship store in New York City on January 14, 2025. Macy's declined 2.4% to $4.7 billion during the third quarter of their Overall sales which ended Nov. 2, 2024, giving as result that 66 of the approximately 150 locations of the company will close by 2026, Closing any store is never easy, but as part of our Bold New Chapter strategy, says chairman and chief executive officer of Macys, Inc. Tony Spring. (Photo by Eduardo MunozAlvarez -VIEWpress/Getty Images) Eduardo Munoz Alvarez | Corbis News | Getty Images Macy's on Wednesday gave a cautious outlook for the year ahead, despite beating Wall Street's quarterly sales and profit expectations as its namesake brand showed signs of progress.
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News
- Macy's Inc (M) Q4 2025 Earnings Call Highlights: Surpassing Expectations with Strong Sales and ... [Yahoo! Finance]Yahoo! Finance
- Macy's (M) had its price target lowered by JPMorgan Chase & Co. from $24.00 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
- Why Are Macy's (M) Shares Soaring Today [Yahoo! Finance]Yahoo! Finance
- Macy's (M) had its "buy" rating reaffirmed by Jefferies Financial Group Inc..MarketBeat
- Macy's Q4 earnings beat driven by Bloomingdale's sales growth [Yahoo! Finance]Yahoo! Finance
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Earnings
- 3/18/26 - Beat
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Sec Filings
- 3/18/26 - Form 8-K
- 3/3/26 - Form 4
- 2/27/26 - Form 8-K
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