U.S. retail sales surged 0.7% in November, outpacing market expectations and signaling robust consumer spending as the year concludes. Driven by strong auto dealership and online sales, the report highlights...
U.S. stock indexes fell following some potentially discouraging data on the economy
Macy’s, Inc. M reported third-quarter fiscal 2024 results, wherein the top line surpassed the Zacks Consensus Estimate but the bottom line lagged the same. Both revenues and earnings decreased from the...
M earnings call for the period ending September 30, 2024.
Macy's Inc.’s (M) shares fell 0.8% after the company reported third-quarter fiscal 2024 adjusted earnings per share of $0.04, missing the Zacks Consensus Estimate of $0.07. Shares of Photronics Inc....
Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years
Why Macy's (M) Shares Are Getting Obliterated Today
The company now expects adjusted diluted EPS to fall between $2.25 and $2.50, compared to the earlier expected $2.34 and $2.69.