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Macy's Financial Woes Continue as Shares, Profit and Sales Slump

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 discretionary spending.

ABC · 11h

Macy's offers a mixed outlook after reporting third quarter profit and sales declines

Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years

Washington Times · 16h

Macy’s third-quarter profit and sales slide and so does its shares

Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert spending to basics like groceries as they deal with broadly higher prices.

Business Insider · 5h

Macy’s Reports Mixed Third Quarter Financial Results

Macy’s ( (M) ) has released its Q3 earnings. Here is a breakdown of the information Macy’s presented to its investors.Pick the best stocks and

Reuters · 22h

Macy's cuts adjusted profit forecast, shares fall 7%

Macy's on Wednesday cut its annual profit forecast, as it struggles with increased promotions during the holiday shopping season amid weak demand at its eponymous stores, sending the shares of the department store chain down 7% before the bell.

14hon MSN

Macy's tightens financial controls after employee covered up what became a $151 million mistake

Macy's said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue ...

Macy’s Pushed to Find Options for Bloomingdale’s and Bluemercury by Activist Investor

Barington Capital wants the storied retailer to spin off the two chains and get more value out of its real estate.

21h

Macy's Lowers Annual Profit Forecast Amid Accounting Misstep, Stock Tumbles

Macy's Q3 results reveal sales of $4.74 billion, a 2.4% decline in net sales, and guidance adjustments following an ...

Activist investor group pushes Macy's to consider options for Bloomingdale's

Barington Capital and Thor Equities urged Macy's to create a real estate unit and consider options for its Bloomingdale's and ...

19h

Macy's Stock Tumbles on Lower Sales, Resolved Accounting Probe

Macy's shares fell Wednesday morning after the company posted its delayed third-quarter earnings report and shifted its full-year outlook to adjust for the completed investigation into the accounting ...

Allure on MSN3d

11 Best Bluemercury Gifts, Yours for The Wrapping

The best Bluemercury gifts are lifesavers for list-makers, twice-checkers, and beauty lovers alike. The has-it-all retailer ...

Macy’s Bargain Shares Tempt Activists Again

The newest arrivals at Macy’s have a fresh idea and some tired ones.

2don MSN

Macy's real estate, spending cuts the target of new activist investors of retail giant

Two business entities have teamed-up to mount a new effort to takeover the struggling Macy's department store chain, ...

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