SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Macy's, Inc. - M
NEW YORK, NY / ACCESSWIRE / December 13, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or the "Company") (NYSE:M). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Macy's increases its list of doomed locations to 65 stores by the end of January 2025
Macy's CEO Tony Spring said Thursday on a Q3 earnings call that the retailer will close about 65 locations by the end of January 2025, which is an additional 15 stores more than what was previously planned. Adrian Mitchell, Macy's chief financial officer, said the store closures were limited to underperforming locations.
Macy's: Growth Is Likely To Inflect Moving Forward (Rating Upgrade)
I upgrade Macy's from hold to buy due to signs of positive growth inflection and improved fundamentals. 3Q24 earnings showed mixed results, but management's 4Q24 guidance indicates the first positive same-store-sales growth in 10 quarters. The success of the "First 50" program and organic demand improvement without heavy promotions bolster confidence in M's FY25 outlook.
Macy's says internal control not effective after employee made entries to hide $154 mln
Macy's said on Thursday a re-evaluation of its financials showed that the department store chain's internal control, including proper record maintenance, was not effective as of February this year.
Macy's, Inc. Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 12, 2024 / 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.
Investigation Reveals Loan Wolf Ex-Employee Costs Macy's $151 Million
Department store chain Macy's was left reeling this week after the results of an embarrassing accountancy investigation revealed tens of millions of dollars in undeclared costs.
Macy's Q3 Earnings Miss Estimates, Comparable Sales Decline Y/Y
M's Q3 results reflect a y/y decline in comps. However, the company is improving the customer experience across stores and digital channels.
Macy's accelerates store closures this year
Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling business. It is aiming to close 150 stores in three years.
The Schall Law Firm Invites Stockholder Participation In An Inquiry Into Macy's Inc For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / December 11, 2024 / 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 Bold New Chapter Strategy Shows Promise as Retailer Focuses on Omnichannel Shoppers
Will Macy's Bold New Chapter strategy be enough to save the iconic company and return it to profitable growth? Macy's is facing a challenging period marked by declining sales, changing consumer habits and pressure from activist investors calling for a fiscal overhaul.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Macy's, Inc. - M
NEW YORK, NY / ACCESSWIRE / December 11, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or the "Company") (NYSE:M). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Crude Oil Jumps 2%; Macy's Lowers Earnings Forecast
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 300 points on Wednesday.
