Macy's posts strong Q4 results but a reserved outlook reflects uncertainty around tariffs, Iran war [Globe and Mail, The (Toronto, Canada)]
Macy's Inc (M)
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Source: Globe and Mail, The
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. Macy's CEO Tony Spring said the reserved outlook reflects the "tension" between Macy's relatively healthy business and external economic volatility, namely uncertainty from President Donald Trump's tariffs and the war in Iran that has sent energy prices soaring. “Sitting here today, there's more unknown than there is known,” Spring told The Associated Press in an interview Wednesday. Shares rose around 3.9% in morning trading. Spring, entering his third 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
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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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