Kohl's bid down on gross margin worries [Seeking Alpha]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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macysinc.com/ir
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Source: Seeking Alpha
Shares of Kohl's ( KSS ) have reversed since an initial premarket post-earnings gain. Investors are said to be lasering in on the drop in gross margin guidance by the department store operator. Kohl's expects gross margins to be fall 35 basis points to 45 basis points vs. a prior forecast for a 20 bps to 30 bps decline. While Kohl's has the Amazon returns program working in its favor, it's facing some of the same tariff headwinds of the rest of the apparel sector. Previously: Kohl's EPS beats by $0.02, beats on revenue (Aug. 20) Previously: Kohl's +4% after profit beat (Aug. 20) See all stocks on the move » Now read: Macy's Is Running In Quicksand » Subscribe for full text news in your inbox
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M
News
- Macy's: Still Looking For A Bigger Bid [Seeking Alpha]Seeking Alpha
- Macy's, Inc. (NYSE: M) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Macy's slashes job pledge, ups investment for $640M Rowan County distribution center [Yahoo! Finance]Yahoo! Finance
- Romance scammers turn victims into "money mules," creating a legal minefield for investigators [CBS News]CBS News
- I was happy in the UK and dead against moving to New York. When my partner was made redundant, it felt like our only option. [Business Insider]Business Insider
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website