Macy's is a leading retail company that operates a chain of department stores across the United States, offering a wide variety of products including clothing, accessories, home goods, and beauty products. The company is known for its extensive selection of both national and private label brands, catering to diverse customer preferences. Macy's emphasizes customer experience through in-store shopping, online retail services, and various promotional events. With a legacy of innovation in retailing, it also engages in various community and cultural initiatives, further enhancing its brand presence and commitment to social responsibility. Read More
Alphabet’s courtroom triumph sent its shares to record highs and lifted the Nasdaq, even as labor market data hinted at cooling momentum. Investors are starting to price in possible Fed rate cuts this month.
The financial markets have been abuzz with significant company-specific news, as major players like Kraft Heinz (NASDAQ: KHC), PepsiCo (NASDAQ: PEP), and Macy's (NYSE: M) have each announced developments with immediate and distinct implications for their operations and stock performance. These events, ranging from a strategic corporate restructuring to the
Shares of department store chain Macy’s (NYSE:M)
jumped 19.6% in the morning session after the company reported second-quarter results that beat Wall Street's expectations, raised its full-year forecast, and posted a welcome return to same-store sales growth.
Department store chain Macy’s (NYSE:M) beat Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 1.9% year on year to $5.00 billion. The company’s full-year revenue guidance of $21.3 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $0.41 per share was significantly above analysts’ consensus estimates.
Macy’s, Inc. (NYSE: M) today reported financial results for the second quarter of 2025 and raised its annual net sales and Adjusted diluted earnings per share (“EPS”) guidance.
NYSE: M to release Q2 earnings on Sept. 3 before opening bell, expected to report 19 cents/share. Telsey Advisory Group maintains Market Perform rating.
