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Macy's forecast annual sales and profit below Wall Street's expectations on Thursday, joining several U.S. retailers in signaling that shoppers were holding off buying apparel and accessories in the face of economic uncertainty.
Macy's beat Wall Street's earnings expectations but fell short on revenue as CEO Tony Spring works through his plan to revitalize the business. The company's so-called "First 50" locations – the stores that Macy's is devoting more resources to as part of its turnaround plan – outperformed the overall company.
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Macy's (M), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2025.
MONTREAL--(BUSINESS WIRE)---- $DNG #cash--Dynacor Group Inc. (TSX: DNG) (Dynacor or the "Corporation"), today announced its initial 2025 outlook, which includes a 27% increase in sales at midpoint versus 2024 realized sales. All amounts are in US dollars unless otherwise indicated. 2025 guidance Sales (in millions of $ (“$M”)) 345 - 375 Production (in thousands of Au Eq oz) 120 - 130 Net income (in $M) 14 - 17 Capital expenditure Sustaining capex (in $M) – Peru 5 - 8 Capex (in $M) - Senegal 5 - 7 .
LOS ANGELES, CA / ACCESS Newswire / March 2, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
LOS ANGELES, CA / ACCESS Newswire / March 1, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Board of Directors Declares Quarterly Dividend.
LOS ANGELES, CA / ACCESS Newswire / February 28, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Macy's (M) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.