It looks like Macy’s comeback plans are actually starting to take hold, as the long-struggling department store chain managed to pick up the pace on profits and notch a fairly sizable earnings beat, according to CNBC reports. Sales shot up 4.42 percent in the first...
It was all about the comps Tuesday. And online sales. And even … brick and mortar sales. Shares of Macy’s ramped up 10 percent on the heels of earnings that beat the Street, and it was likely same store sales data that stoked investor optimism....
It’s not always easy to frustrate diminished expectations – but as earnings came in today, Macy’s has found a way to frustrate its already frustrated investors further, it seems. By the numbers – the picture is not pretty. Earnings per share came in at 24...
Could a happy holiday season be in the offing for Macy’s? Upon issuing third-quarter results Thursday morning, the department store operator boosted its sales outlook for the remainder of the year, tied in part to better results than the Street expected. The bottom line, adjusted...
May 16, 2018
It looks like Macy’s comeback plans are actually starting to take hold, as the long-struggling department store chain managed to pick up the pace on profits and notch a fairly sizable earnings beat, according to CNBC reports. Sales shot up 4.42 percent in the first three months of the year, a stark reversal of nearly […]
May 11, 2017
It’s not always easy to frustrate diminished expectations – but as earnings came in today, Macy’s has found a way to frustrate its already frustrated investors further, it seems. By...
