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Macy's Financial Woes Continue as Shares, Profit and Sales Slump
Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over discretionary spending.
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
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
Macy’s third-quarter profit and sales slide and so does its shares
Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert spending to basics like groceries as they deal with broadly higher prices.
Macy’s Reports Mixed Third Quarter Financial Results
Macy’s ( (M) ) has released its Q3 earnings. Here is a breakdown of the information Macy’s presented to its investors.Pick the best stocks and
18h
on MSN
Macy's tightens financial controls after employee covered up what became a $151 million mistake
Macy's said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue ...
2h
Macy's accelerates store closures this year
Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling ...
2d
Macy’s Pushed to Find Options for Bloomingdale’s and Bluemercury by Activist Investor
Barington Capital wants the storied retailer to spin off the two chains and get more value out of its real estate.
1d
Macy's cuts annual profit view as weak demand overshadows holiday sales
Macy's on Wednesday cut its annual profit forecast, sending shares down 10% as weak demand at its nameplate stores and heavy ...
1d
Macy's activist investors want the retailer to make significant changes
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...
1d
Macy's Lowers Annual Profit Forecast Amid Accounting Misstep, Stock Tumbles
Macy's Q3 results reveal sales of $4.74 billion, a 2.4% decline in net sales, and guidance adjustments following an ...
Allure on MSN
4d
11 Best Bluemercury Gifts, Yours for The Wrapping
The best Bluemercury gifts are lifesavers for list-makers, twice-checkers, and beauty lovers alike. The has-it-all retailer ...
2d
Macy’s Bargain Shares Tempt Activists Again
The newest arrivals at Macy’s have a fresh idea and some tired ones.
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