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Retail Earnings Paint Complex US Consumer Picture: Kohl's Shines, Dick's Struggles
Wednesday, August 23, 2023 - 12:16pm | 563Recently issued earnings reports from prominent retailers paint a nuanced picture of the U.S. consumer landscape. While Kohl’s Corp (NYSE:KSS) managed to beat expectations despite a broader slowdown, other retailers, notably Dick’s Sporting Goods Inc (NYSE:DKS) and Macy’s Inc (...
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Macy's, Twitter And This Stock That Reports Earnings Will Be Featured On 'Mad Money' Tonight
Thursday, November 18, 2021 - 12:49pm | 331Macy's Inc (NYSE: M), Twitter Inc (NYSE: TWTR) and Workday Inc (NASDAQ: WDAY) will be featured on "Mad Money" Thursday night with Jim Cramer. M: Macy's is surging higher after announcing better-than-expected third-quarter financial results. Macy's reported quarterly...
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Why Macy's Shares Are Rising
Thursday, November 18, 2021 - 11:15am | 196Macy's Inc (NYSE: M) shares are trading higher after the company reported third-quarter EPS results were higher year over year and better-than-expected third-quarter sales results. The company also raised FY21 guidance. Macy's reported quarterly earnings of $1.23 ...
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Why Macy's Stock Is Trading Higher Today
Thursday, August 19, 2021 - 10:25am | 250Macy's Inc (NYSE: M) is trading higher Thursday after the company announced second-quarter earnings that were higher year over year, better-than-expected quarterly revenue results and raised guidance. Macy's reported quarterly earnings of $1.29 per share, which was up from a loss of 81...
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Why Macy's Is Trading Higher Today
Tuesday, May 18, 2021 - 8:14am | 229Macy's Inc (NYSE: M) is trading higher Tuesday morning after the company reported better-than-expected earnings and revenue, while raising guidance. What Happened: Macy's reported earnings of 39 cents per share, which beat the average estimate for a loss of 41 cents per share. It...
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Macy's Trades Higher After Q4 Earnings Beat
Tuesday, February 26, 2019 - 9:25am | 354Department store Macy's Inc (NYSE: M) reported fourth-quarter results Tuesday morning. What Happened Macy's said it earned $2.73 per share in the fourth quarter on revenue of $8.455 billion versus expectations of $2.53 per share and $8.45 billion. Comparable sales on owned stores rose 0.4...
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Macy's Q1 Earnings Report: What You Need To Know
Wednesday, May 16, 2018 - 8:56am | 398Macy's Inc (NYSE: M) reported its first-quarter results, which sent shares higher by more than 8 percent to trade above its 52-week high of $32.45 in the pre-market session. What Happened Macy's said it earned 48 cents per share in the first quarter on revenue of $5.54 billion, which...
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Cramer: Macy's Is Run By A 'Miracle Worker'
Wednesday, February 28, 2018 - 2:14pm | 452Everyone loves a turnaround story, and a compelling one can be found at Macy's Inc (NYSE: M), according to CNBC's Jim Cramer. What Happened Macy's delivered an earnings beat in its fourth-quarter results and a slight sales miss, but comps rose 1.3 percent and management offered a...
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What We Know About Macy's New CEO Jeff Gennette
Friday, March 24, 2017 - 1:38pm | 396With the retail industry in turmoil amid shifting consumer trends, Macy’s Inc (NYSE: M) had to be strategic in its selection of new leadership. It came up with Jeff Gennette, who on Thursday added “CEO” alongside his previous title of president. “Jeff Gennette is an...
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Macy's Discloses CEO Succession Plan: Terry Lundgren To Step Down In 2017
Thursday, June 23, 2016 - 11:51am | 255Macy's, Inc. (NYSE: M) revealed that its current CEO and Chairman, Terry Lundgren, would ensure that the transition of CEO position to Jeff Gennette in the first quarter of the next year. According to the company, the transition is part of its succession plan that included Gennette's...