Macy’s Ends Same-Store Sales Losing Streak
Comparable sales rose 1.3% in Q4 as the retailer's renewed emphasis on apparel helped bring in more shoppers and persuaded them to spend more.
Macy’s Comp Sales Drop 3.6%, Earnings Beat
The same-store sales drop was worse than analysts expected but tight inventory control drove an improvement in profitability.
Macy’s Same-Store Sales Decline Slows in Q2
The struggling retailer's stock fell 10%, apparently reflecting investor doubts over the progress of its turnaround efforts.
Macy’s Comp Sales Fall for 9th Straight Quarter
The retailer's shares plunge 17% as the disappointing Q1 report added "to the sense that Macy's is on a slippery slope."
Macy’s Cost-Cutting Helps Profit Beat Estimates
The outlook for sales growth, however, remains weak, with comp sales expected to decline between 2.0% and 3.0% this year.
Macy’s Shares Drop 14% on Weak Holiday Sales
The retailer posted a 2.1% same-store sales decline, and lowered earnings guidance, as it continues to struggle with the shift to online shopping.
Macy’s Misses Estimates But Stock Climbs 5.6%
CEO Terry Lundgren suggested retail trends are improving and Macy's would meet expectations for its next quarter.
Macy’s Shares Rise 17% on Store Closure Plan
"There has to be a rationalization and we're not waiting anymore," Macy's CEO says of the plan to close 100 stores.
Walmart’s Numbers Brighten Retail Picture
Thanks to tactical changes, the retailing giant is growing revenues in a very competitive environment.
Macy’s Earnings Drop 40% on Sluggish Sales
The retailer's "old-fashioned brands are not what millenials want," one analyst says as its same-store sales fall 6.1% in the first quarter.