Browsing Tag
Tony Spring
5 posts
Macy’s defies the retail gloom with its best quarter in years and a raised outlook
Macy's rose ~5% on its best Q1 comps in four years, beating estimates and raising guidance, while Lululemon and PVH cut theirs. Bloomingdale's hit a record quarter.
Macy’s Q1 2025 results: Store closures grow, margins fall, EPS forecast lowered
Macy’s Q1 FY25 results exceed revenue guidance, but EPS forecast slashed as tariffs and cost pressures weigh. Full segment-wise earnings review.
Macy’s is closing another 86 stores—Here’s what it means for the future of retail
Macy’s cuts FY25 profit forecast and accelerates store closures amid weak demand and tariff risks. Will its turnaround strategy hold?
Macy’s bold new chapter: Strategic store closures signal a new retail era
Macy’s, Inc., a cornerstone of American retail, has embarked on a transformative journey aimed at redefining its operations…
Macy’s rocked by $154m accounting scandal, delays Q3 results
Macy’s Inc. has delayed its fiscal third-quarter earnings report after uncovering an alarming accounting discrepancy involving hidden delivery…