Tag Archives: Macys

Erik McGregor / LightRocket via Getty Images Macy’s increased its full-year adjusted earnings per share and revenue forecasts Macy’s exceeded profit and sales forecasts and lifted its outlook as comparable sales grew. Comparable sales were up at its Macy’s and Macy’s “Reimagine” stores, as well as Bloomingdale’s and Bluemercury locations. Macy’s increased its full-year adjusted earnings per share and sales …

Macy’s stock rallies after same-store sales see first growth since 2022  MarketWatch Macy’s shares jump 20% as retailer tops earnings estimates, raises outlook  CNBC Macy’s Lifts Forecast as It Remains Cautious About Second Half of Year  The Wall Street Journal Macy’s quarterly profit and sales fall but it raises guidance with those declines limited  AP News Macy’s turnaround shows progress, with strongest sales growth …

Scott Olson | Getty Images Macy’s posted second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between $21.15 billion …