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The Latest Breaking News from Macy

Dow Jones Rallies As Nvidia Slashes Losses; Twitter Jumps As Musk Raises Financing

The Dow Jones Industrial Average rose Thursday, as Nvidia slid on a weak outlook. Twitter jumped as Elon Musk raised his equity in the deal.

Investors Business Daily

Why Macy's Shares Are Surging Today

Macy’s Inc (NYSE:M) reported first-quarter FY22 sales growth of 13.6% year-on-year to $5.35 billion, beating the consensus of $5.33 billion. Comparable sales increased 12.8% on an owned basis and up 12.4% on an owned plus licensed basis versus Q1 2021. Digital sales climbed 2% versus Q1 FY21 and 34% versus Q1 FY19. The…

Benzinga

Recap: Macy's Q1 Earnings

Macy's (NYSE:M) reported its Q1 earnings results on Thursday, May 26, 2022 at 06:55 AM. Here's what investors need to know about the announcement.

Benzinga

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Macy's Stock Soars On Q1 Earning Beat, 2022 Profit Forecast Boost As Shoppers Defy Inflation Gloom

"While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop," said CEO Jeff Gennette.

The Street

Preview: Macy's Earnings

Macy's (NYSE:M) is set to give its latest quarterly earnings report on Thursday, 2022-05-26. Here's what investors need to know before the announcement. Analysts estimate that Macy's will report an earnings per share (EPS) of $0.82.

Benzinga

What Are Whales Doing With Macy's

A whale with a lot of money to spend has taken a noticeably bullish stance on Macy's. Looking at options history for Macy's (NYSE:M) we detected 19 strange trades.

Benzinga

Check Out What Whales Are Doing With Macy's

A whale with a lot of money to spend has taken a noticeably bullish stance on Macy's. Looking at options history for Macy's (NYSE:M) we detected 37 strange trades.

Benzinga

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Target's Ripple Effect On Retail: Why Macy's Stock Is Moving Lower

Macy's Inc (NYSE: M) shares are trading lower Wednesday alongside several other retailers after Target Corp (NYSE: TGT) announced worse-than-expected earnings results.

Benzinga

PreMarket Prep Stock Of The Day: Fat Finger Trigger Shakes Retailers Following Walmart Earnings

One unique aspect of the PreMarket Prep show is that the co-hosts are monitoring the price action of hundreds of stocks and several futures markets while broadcasting. As a result, any breaking news or unusual price action can be covered instantaneously.

Benzinga

What 5 Analyst Ratings Have To Say About Macy's

Within the last quarter, Macy's (NYSE:M) has observed the following analyst ratings:

Benzinga

Macy's Is Betting Even Bigger on Smaller Stores

Macy's Inc. is accelerating its rollout of smaller department stores, betting that it can attract more shoppers with fewer products and more digital services at stores closer to where customers run their daily errands.

Bangkok Post

How Bricks Might Save Clicks

The future of e-commerce could be coming to a local mall near you.

Bangkok Post

Check Out What Whales Are Doing With Macy's

A whale with a lot of money to spend has taken a noticeably bullish stance on Macy's. Looking at options history for Macy's (NYSE:M) we detected 33 strange trades.

Benzinga

Store credit cards generate corporate profits and disgruntled workers

Clothing retailers sell their shoppers more than jeans and sweaters.

The Conversation

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Benzinga

Overview Of Value Stocks In The Consumer Cyclical Sector

What are Value Stocks?

Investors Business Daily

Discount Play Rallies On Price-Target Hike, Signs Customers Are 'Trading Down'

Ross Stores rallied after receiving a price-target hike from Credit Suisse, which called the ROST stock a top pick.

Chicago Tribune

Owner of Chicago's Water Tower Place walking away from troubled Mag Mile mall

The owner of Water Tower Place, long a desirable retail destination on Chicago's Magnificent Mile, is walking away from the troubled mall.

Chicago Sun-Times

Water Tower Place owner gives up the property

Lender MetLife will take over the iconic mall along the Magnificent Mile, which has been beset by vacancies during the pandemic.

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The Independent UK

Macy's building NC distribution center, 2,800 jobs to come

Macy’s Inc. has announced plans to build a distribution and online order fulfillment center in central North Carolina that ultimately will employ 2,800 people

The Independent UK

What to know before your business adds buy now, pay later

Large retailers like Target, Macy’s and Ikea now offer “buy now, pay later” when customers check out

Chicago Sun-Times

Macy’s off-price concept, Backstage, coming to State Street

The retail brand, now in almost 300 stores, is being introduced to another 37 sites across the country, including three more in the suburbs.

Liverpool Echo

US inspired store where 'Elf' was filmed tried to take on Lewis's

Gimbles in Liverpool city centre had a massive flagship New York store that rivalled Macy's

Tribune News Service

Citing crime concerns, Amazon pulls workers from office at former Macy's in downtown Seattle

In downtown Seattle's commercial core, retail workers have doubled as first responders, doormen have been deployed to keep unwelcome visitors out and some buildings are still sitting empty as employers worry about the safety of workers and customers.

The Street

Macy's Wants to Be More Like Target

The chain has made a big move as part of its ongoing attempt to transform its business.

Investors Business Daily

Stock Market Tumbles, Rebounds As Russia Invades Ukraine: Weekly Review

The stock market fell back into a correction ahead of Russia's invasion of Ukraine, but rebounded on the attack and Western sanctions.

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