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Macy's Stock Tumbles on Lower Sales, Resolved Accounting Probe
Key Takeaways Macy's shares fell Wednesday morning after the retailer posted its delayed earnings report, pushed back last month after an accounting issue was discovered.Sales fell short of what analysts had expected,
Macy's delayed Q3 results show sales decline as its stock drops
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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 accounting investigation.
Macy's shares tumble after profits and sales drop in the third quarter
Macy's shares tumble after profits and sales drop in the third quarter.
21h
on MSN
Macy’s Stock Falls Sharply on Slash to Guidance
Shares of Macy’s were trading sharply lower Wednesday after the department store cut its financial outlook in a delayed ...
22h
Here’s what one employee hiding money is doing to Macy’s stock and profit view
Macy’s cut its full-year earnings outlook, after making adjustments to reflect the impact of misstated delivery expenses.
KITV
18h
Macy’s provides more details about that employee who hid more than $150 million worth of expenses
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...
19h
Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
Macy's on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of ...
1d
Macy’s is in deep trouble. It could be sitting on a gold mine
The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself – an untenable ...
18h
Macy’s Details Multimillion-Dollar Accounting Error in Downbeat Report
Macy’s, the largest department store chain in the United States, is in the midst of its latest turnaround plan, overseen by ...
bovnews
20h
Macy’s Inc (M) Stock Dilemma: A Drop That Has Everyone Talking—What’s the Real Story?
On Tuesday, Macy’s Inc (M) stock saw a modest uptick, ending the day at $16.72 which represents no change from the prior close of of $16.72. The stock opened at $16.75 and touched a low of $16.45 ...
1d
How To Earn $500 A Month From Macy's Stock Ahead Of Q3 Earnings
Macy’s, Inc. (NYSE:M) will release its third-quarter financial results, before the opening bell, on Wednesday, Dec. 11.
3d
Macy's Stock Rallies After Activist Takes Stake
Activist investor Barington Capital has built a position in Macy’s and plans to push the department-store chain to make ...
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