NYSE:M
Macy's Inc Stock News
$19.35
-0.1000 (-0.514%)
At Close: May 10, 2024
Macy's 'is in a transition year,' says analyst on retailers turnaround plan
02:28pm, Friday, 01'st Mar 2024
Macy's (M) received a downgrade to Market Perform from TD Cowen, which slashed the retailer's price target to $20. The firm cites its excitement about the company's turnaround plans, which involve sto
7 Stocks Set to Bounce Back Post-Layoffs
07:46pm, Wednesday, 28'th Feb 2024
Tough times require tough cost-cutting decisions, including job layoffs. However, to get a company back on the right track, reach profitability, and increase margins, they're often required.
Macy's (M) Q4 Earnings Beat Estimates, Comp Sales Decline Y/Y
09:36am, Wednesday, 28'th Feb 2024
Macy's (M) Q4 results show resilience with strategic adjustments despite a sales decline. The company is well-positioned for growth and long-term profitability.
What Macy's, Lowe's Q4 results mean for the future of retail
08:00pm, Tuesday, 27'th Feb 2024
Large retailers Macy's (M) and Lowe's (LOW) both reported their fourth-quarter earnings with mixed results. In addition, the Conference Board's Consumer Confidence reading came in lower than expected
Macy's flagship store in San Francisco's Union Square faces chopping block: reports
06:40pm, Tuesday, 27'th Feb 2024
Macy's could potentially shutter the Macy's department store it operates in San Francisco's Union Square area, according to local media reports.
Macy's mulls closing San Francisco flagship amid plans to shutter 150 stores
05:29pm, Tuesday, 27'th Feb 2024
Macy's is evaluating closing its San Francisco Union Square flagship, weighing the real estate value of the property against the potential for future sales growth at the store, a person familiar with
Macy's will add 150 locations to its list of closing stores as sales decline
04:41pm, Tuesday, 27'th Feb 2024
Iconic department-store chain Macy's today announced that it is preparing to close 150 stores after a disappointing holiday quarter that saw sales fall almost 2%. The announcement of the store closure
Macy's Bold New Chapter Includes Closing 150 Stores
02:00pm, Tuesday, 27'th Feb 2024
Macy's released its full-year sales results which showed revenue down 5.5% in 2023 compared to 2022. More concerning for the department store is that comparable store sales were down 6.9%, which is a
Macy's Plans 150 Store Closures in New Strategy, as Chain Faces Proxy Fight
01:15pm, Tuesday, 27'th Feb 2024
Macy's (M) shares rose nearly 5% in intraday trading Tuesday after it announced 150 store closures in yet another turnaround plan, as the U.S. department store chain tries to shore up its finances and
Macy's (M) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
12:01pm, Tuesday, 27'th Feb 2024
While the top- and bottom-line numbers for Macy's (M) give a sense of how the business performed in the quarter ended January 2024, it could be worth looking at how some of its key metrics compare to
Durable Goods Orders Decreased More Than Expected
11:46am, Tuesday, 27'th Feb 2024
Pre-market futures are tepid for a second-straight trading day — even going back to last week, after last Thursday's big upswing in market activity began leveling off slightly. We continue that leve
Macy's to close 150 stores, as concerns mount about the retailer's future
11:28am, Tuesday, 27'th Feb 2024
Macy's (M) seeks to shutter 150 of its "underproductive" retail locations over the next several years into 2026, outlined in its fourth-quarter earnings report. The retail chain rebuffed a $5.8 billio
Macy's, Lowe's Beat in Q4; Durable Goods Lower
11:26am, Tuesday, 27'th Feb 2024
We have some grist for the trading mill ahead of the opening bell, but it's not likely to cause any meaningful tremors from this vantage point.
Macy's Reports 4th Quarter 2023 And A New Vision For Future
11:21am, Tuesday, 27'th Feb 2024
There was a lot of excitement when Tony Spring, the new CEO of Macy's, discussed the past but also unveiled his vision for the future. Macy's. 4th quarter diluted earnings per share were down $(0.26)
Macy's to close 150 stores — 30% of its namesake chain — as new CEO takes helm
10:03am, Tuesday, 27'th Feb 2024
Macy's said it will shut down 150 stores — about 30% of its US namesake chain — as the department-store giant tightens its focus on luxury under a new chief executive.