Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over ...
NEW YORK — (AP) — Macy's profit and sales declined in the third quarter as the department store chain wrestled with cautious spending by customers, rising competition and sluggish demand for ...
Department store chain Macy’s (NYSE:M) reported Q3 CY2024 results topping the market’s revenue expectations , but sales fell by 2.7% year on year to $4.90 billion. The company’s full-year ...
NEW YORK — Macy's reported a decline in profits and sales for its third quarter with many customers of the department store chain continuing to divert spending to basics like groceries amid ...
Macy's reported adjusted earnings per share of $0.04, which beat Wall Street's expectation of $0.03. Net sales declined 2.4% from a year ago to $4.74 billion, versus $4.75 billion expected.