Retail stock Macy's Inc (NYSE:M) was last seen up 1.1% at $12.59, and running into several layers of resistance on the charts.
In the most recent trading session, Macy's (M) closed at $11.35, indicating a +2.07% shift from the previous trading day.
Macy's (M) reported earnings 30 days ago. What's next for the stock?
Job cuts surge 80% in first five months of 2025 with federal funding cuts and retail store closures from companies like JCPenney, Macy's and Joann driving the trend.
Downgrading Macy's to hold due to mixed outlook, with core Macy's banner under pressure and new headwinds challenging the turnaround narrative. Bright spots include strong performance from luxury banners and continued recovery momentum, but core sales trends remain negative and concerning. Increased promotional activity and the unexpected departure of key leadership add uncertainty, making it difficult to be bullish in the near term.
On the latest installment of Good Buy or Goodbye, Washington Crossing Advisors senior portfolio manager Chad Morganlander joins Market Domination host Julie Hyman to expand upon his bullish take on auto part retailer O'Reilly Automotive (ORLY) amid tariffs and his bearish view on Macy's (M) tied to the store's competition and debt holdings. Department store chain topped first quarter estimates on its top and bottom lines on Wednesday, posting revenue of $4.6 billion (vs.
Shoppers are snapping up bling and bedding again, Macy's executives (M) say.
Macy's is navigating tariff impacts, warning of selective price increases and strategic changes, aiming to sustain profitability amid a competitive retail landscape.
M's Q1 comps dip Y/Y, led by softness in the core brand. However, Bloomingdale's and Bluemercury show continued strength across banners.
Macy's (M) shares gained Wednesday as the biggest U.S. department store chain's better-than-anticipated profit offset warnings about the potential impact of tariffs, which the company plans to address with some price hikes.
Macy's, Inc. (NYSE:M) lowered its full-year profit forecast on Wednesday, citing pressure from higher tariffs and cautious consumer spending, even as it reported stronger-than-expected first-quarter results. The department store chain now expects fiscal 2025 earnings of $1.60 to $2 per share, down from a prior range of $2.05 to $2.25.
Macy's, Inc. (NYSE:M ) Q1 2025 Earnings Conference Call May 28, 2025 8:00 AM ET Company Participants Pamela Quintiliano - VP of IR Tony Spring - Chairman and CEO Adrian Mitchell - COO and CFO Conference Call Participants Blake Anderson - Jefferies Paul Kearney - Barclays Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Matthew Boss - JPMorgan Dana Telsey - Telsey Advisory Group Michael Binetti - Evercore ISI Chuck Grom - Gordon Haskett Operator Greetings, and welcome to the Macy's, Inc. First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.