Macy's stock slides as retailer warns Q4 sales could be weaker than expected
Macy's gave its fourth-quarter update just days after announcing a slate of store closures.
Faltering Macy's to Close 66 Stores, With New York, Florida and California Hit Hard
Macy's Inc. (NYSE: M) has repeatedly said it would close underperforming stores as it works to improve same-store sales and overall revenue.
Macy's Stock Falls as Holiday Sales Update Disappoints
The company provided investors with an update ahead of its fireside chat at the ICR Conference, scheduled for Tuesday morning. It will report full results for the quarter in early March.
Macy's expects holiday-quarter sales below prior expectation
Macy's said on Monday it expects fourth-quarter net sales to be slightly below the low-end of the previously issued range of $7.8 billion to $8.0 billion.
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's Inc For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / January 12, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Macy's Is Closing Underperforming Stores as Its Turnaround Attempt Continues
Macy's (M) released a list of dozens of "underperforming stores" it plans to close as part of a multi-year turnaround campaign, including its Philadelphia City Center and Downtown Brooklyn locations.
Macy's is closing 66 stores. Here's where they're located
Macy's on Thursday named 66 stores it plans to shutter this year through its "Bold New Chapter" initiative. The locations are spread across 22 states.
Why Is Macy's (M) Down 1.7% Since Last Earnings Report?
Macy's (M) reported earnings 30 days ago. What's next for the stock?
Macy's Confirms 66 Store Closures as Part of Bold New Chapter Strategy
M closes 66 stores under its Bold New Chapter strategy, prioritizing 350 key stores and digital upgrades to meet evolving consumer needs.
Macy's, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / January 10, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Macy's Announces First 66 ‘Underproductive Stores' It Will Close
Macy's said Thursday (Jan. 9) that it will close 66 store locations as part of the Bold New Chapter strategy it announced in February. These are among the 150 “underproductive stores” the retailer said it would close over a three-year period under that plan, Macy's said in a press release.
Macy's shutting dozens of stores as part of new strategy following lackluster 2024
The store closings come months after the company announced it would be shutting 150 "underproductive" stores over the course of three years.
