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Macy’s Beats 4Q Sales Estimates, Sees Recovery In 2021; Shares Drop 2.6%
Macy’s fourth-quarter earnings came in ahead of the Street consensus as the retail chain operator benefitted from a...
Feb 23, 2021
Macy’s Or TJX: Which Retail Stock Is The Street’s Better Pick?
US retail and food service sales increased 1.9% in September from August and grew 5.4% year-on-year, according to...
Oct 18, 2020
Macy’s Inks Multi-Year Payment Partnership With Klarna
Macy’s department store has signed a five-year partnership deal with Klarna, a buy now, pay later Swedish payments...
Oct 07, 2020
Nordstrom vs Macy’s: Which Stock Has A Better Chance Of Recovery Post-Covid?
US department stores have been struggling to thrive over recent years due to declining foot traffic in malls,...
Sep 03, 2020
Macy’s Pops 6% As 2Q Revenue Surprises
Shares of Macy’s are advancing 6% in Wednesday’s pre-market trading after the department store operator’s 2Q revenue of...
Sep 02, 2020
Are These 3 Apparel Stocks Falling Out of Style? Analysts Weigh In
Even before COVID-19, retail was in a tough spot. Turning up the heat, the virus and the ensuing...
Jul 26, 2020
Macy’s Confirms Sales Plunge, Reveals $3.1B Impairment Charge
Fashion retailer Macy’s, Inc. (M) has reported weaker-than-expected results for the first quarter of 2020, with net sales...
Jul 01, 2020
Macy’s Spikes 15% After-Hours On New Financing Deal
Shares in Macy’s, Inc. (M) spiked 15% in Monday’s after-hours trading after the company announced the closing on...
Jun 09, 2020
Macy’s Spikes 17% On Refinancing Plan To Weather Coronavirus Crisis
Shares in Macy’s, Inc. (M) spiked 17% after the embattled U.S. department store chain said that its refinancing...
May 26, 2020
How Off-Price Retailers Could be Big Winners in a Post-COVID World
Another retailer bit the dust last Friday when J.C. Penney filed for bankruptcy after 118 years in...
May 20, 2020