Macy's To Now Bring Toys"R"Us Brand To Every Macy's Store In The US

Target, TJX, Macy's Q2 Earnings Top Estimates

Retailers Target, TJX and Macy's reported Wednesday profits for the second quarter that topped analysts' estimates. Quarterly revenues at Target and TJX also beat estimates, while it misses by a whisker at Macy's. The improved results at the retailers were driven by gross margin expansion. Target and TJX raised its earnings guidance for the full year, while Macy's maintained its earnings outlook.

RTTNews | 126 gün önce

Macy's Terminates Talks With Arkhouse Management And Brigade Capital Amid Financing Uncertainty

Macy's, Inc. (M) announced Monday that its Board of Directors has unanimously determined to terminate discussions with Arkhouse Management Co. LP, and Brigade Capital Management, LP following months of engagement with then on an acquisition proposal.

RTTNews | 163 gün önce

Macy's Slips To Loss, Warns On FY24; To Close 150 Stores

Macy's, Inc. reported Tuesday a loss in its fourth quarter, compared to prior year's profit, amid weak sales. The latest results were hit by around $1 billion charge mainly related to the around 150 store closures planned as part of its newly announced strategy, A Bold New Chapter. Further, the Omni-channel fashion retailer issued fiscal 2024 outlook, expecting weak profit and sales.

RTTNews | 302 gün önce

Macy's Q3 Results Top Estimates; Narrows FY23 Outlook Range

Omni-channel fashion retailer Macy's, Inc. (M) reported Thursday a third-quarter net income of $43 million or $0.15 per share, sharply lower than $108 million or $0.39 per share in the prior-year quarter.

RTTNews | 405 gün önce

Macy's, Dollar General Q1 Profits Decline

Retailers Macy's, Inc. (M) and Dollar General Corp. (DG) reported on Thursday that net profits for the first quarter declined from last year, with Macy's topping estimates, while Dollar General missed it. Net sales at both retailers missed expectations. Both Macy's and Dollar General also slashed their guidance for the full-year 2023.

RTTNews | 573 gün önce

Best Buy, Macy's Q4 Results Top Estimates; Big Lots Slips To Loss In Q4

Retailers Best Buy Co., Inc. (BBY) and Macy's, Inc. (M) reported on Thursday profits for the fourth quarter that decreased from last year, but results for the quarter topped analysts' estimates. Meanwhile, Big Lots, Inc. (BIG) slipped to a loss, but the loss came in narrower than expectations.

RTTNews | 664 gün önce

Macy's, Kohl's Q3 Results Top Estimates, While Children's Place Adj. EPS Missed

Omni-channel fashion retailer Macy's, department store chain Kohl's and specialty apparel retailer The Children's Place reported on Thursday that net profit for the third quarter approximately halved from last year, primarily on lower margins and higher expenses, apart from a single-digit percentage drop in net sales.

RTTNews | 769 gün önce

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.

RTTNews | 14s 18 dakika önce

EURUSD	1.041	GBPUSD	1.18847	AUDUSD	0.623
USDJPY	157.17	USDCAD	1.4327	USDCHF	0.8848