The company now expects fourth-quarter 2024 adjusted diluted earnings per share to be in-line with its previously issued range of $1.40 to $1.65 First Published Jan 14, 2025, 11:07 AM IST | Last Updated Jan 14, 2025, 11:07 AM IST Shares of department store …

Key Takeaways Macy's said its fourth-quarter results would be pulled down by poor performance by some of its stores. The biggest U.S. department store operator warned that comparable store sales would be flat, and overall sales would be at or below its …

Macy's, Inc. (M) said it expects fourth quarter 2024 adjusted earnings per share to be in-line with the previously issued range of $1.40 to $1.65 and net sales to be at, to slightly below, the low-end of the previously issued range of $7.8 billion to $ …

Macy’s, Inc. M shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth-quarter net sales to reach, or slightly fall below, the lower end of the …

(Bloomberg) -- Macy’s Inc. issued a slightly more downbeat outlook for sales in the current quarter, a sign that executives might have been too optimistic about their expectations for a solid holiday shopping season. Most Read from Bloomberg America’s …

Check out what's clicking on FoxBusiness.com. Macy’s on Thursday named 66 stores it plans to close this year.  The slew of "non-go-forward" locations that Macy’s said will permanently close are spread across 22 states, including Arizona, …

Macy's alerted the public roughly two months ago that it would begin closing roughly 60 locations, and now, published reports have identified which stores in the New York-New Jersey-Pennsylvania region are set to close. The closings include several in …

In the latest step in its revitalization effort, Macy's has named 66 of the 150 stores it plans to close in the next two years. The move is "designed to return the company to sustainable, profitable sales growth," the department store chain …

Department store chain Macy's Inc. is closing 66 Macy's non-go-forward store locations in 2025, as part of its strategic plan, called "A Bold New Chapter", aiming to return to sustainable, profitable sales growth. The move comes after the …

Across the board, department stores are doing what they can to stay afloat. Nordstrom is closing locations, JCPenney is merging with other formerly bankrupt mall stores, and Lord & Taylor is strategizing a digital comeback. In the case of Macy's, …