Macy's cuts adjusted profit forecast, shares fall 7%
Macy's on Wednesday cut its annual profit forecast, as it struggles with increased promotions during the holiday shopping season amid weak demand at its eponymous stores, sending the shares of the department store chain down 7% before the bell.
Macy's ends delivery expense investigation, saying employee hid $151 million
Macy's ends delivery expense investigation, saying employee hid $151 million
Macy's Struggles and Its Bold New Chapter: Can the Iconic Retailer Make a Comeback?
In an era where department stores are losing their relevance, Macy's — once a retail giant — finds itself at a crossroads. The 166-year-old company, which has long been a staple in the U.S.
Levi & Korsinsky Reminds Macy's, Inc. Investors of the Ongoing Investigation into Potential Violations of Securities Laws - M
NEW YORK, NY / ACCESSWIRE / December 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Macy's, Inc. ("Macy's, Inc.") (NYSE:M) concerning possible violations of federal securities laws. Macy's issued a press release on November 25, 2024, announcing its preliminary third-quarter 2024 results.
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 10, 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 activist investors want the retailer to make significant changes
Macy's faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist investors are Barington Capital Group and Thor Equities.
Macy's Q3 Earnings Loom: Can Bullish Momentum Break 200-Day Resistance?
Wall Street expects Macy's Inc M to report a loss of one cent per share and $4.72 billion in revenues when the retailer reports third-quarter earnings on Wednesday before market hours.
Will Macy's (M) Beat Estimates Again in Its Next Earnings Report?
Macy's (M) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Macy's, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - M
NEW YORK, NY / ACCESSWIRE / December 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Macy's, Inc. ("Macy's, Inc.") (NYSE:M) concerning possible violations of federal securities laws. Macy's issued a press release on November 25, 2024, announcing its preliminary third-quarter 2024 results.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Macy's, Inc. (M) and Encourages Shareholders to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / December 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M). Investors who purchased Macy's securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/M.
Activist investors want Macy's to create a real estate unit
Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale's and Bluemercury chains among other changes to boost its slumping stock, according to its proposal made public Monday.
Macy's Bargain Shares Tempt Activists Again
The newest arrivals at Macy's have a fresh idea and some tired ones.
