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0.00219058050383347 0.0109529025191675 0.00602409638554214 0.00876232201533407 0.00766703176341734 0.000334063526834611 -0.0153340635268347 -0.0279299014238774
Stock impact report

Macy's post strong sales from the holiday quarter and sees encouraging signs from revamped stores [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
The department store said an overhaul of its merchandise and improved customer service led to more spending by shoppers. The company, which also operates upscale Bloomingdale's and the beauty chain Bluemercury, offered a mixed outlook for the year — projecting sales above Wall Street expectations, but a conservative outlook on profits. CEO Tony Spring, entering his second year leading Macy's and attempting to recharge the storied retailer, said Wednesday that Bloomingdale's booked its highest holiday sales performance on record. Some of that outsized performance has been attributed by industry analysts to the Chapter 11 bankruptcy of the company that runs Saks Fifth Avenue and Neiman Marcus. Yet Macy's is contending with the same hurdles that have pummeled its rivals and the retailer sector as a whole. The U.S. has upended global trade with tariffs that have driven prices higher, and many Americans have reprioritized where their paychecks go. The Iran war that began late las Show less Read more
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