Macy's Inc (M) Reports Mixed Results Amid Strategic Shifts
Q4 Adjusted EPS Beats Expectations, Gross Margin Improves; Net Sales Dip
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Q4 Adjusted EPS Beats Expectations, Gross Margin Improves; Net Sales Dip
Macy's announced Tuesday it will shut down 150 stores through 2026, with 50 locations shuttering this year.
Macy's will close 150 stores by the end of 2026 as it cuts out underperforming locations, the company announced Tuesday.
Fourth quarter diluted EPS of $; Adjusted diluted EPS of $2.45 Fourth quarter gross margin rate of 37.5%, up 340 basis points year-over-year Achieved full-year 2023 net sales guidance and...
27.02.2024 - Macy’s, Inc. (NYSE: M) today announces its new strategy, A Bold New Chapter, designed to return Macy’s, Inc. to enterprise growth. Developed by the Macy’s, Inc. leadership team, with the full support of the board of directors, the strategy balances ... Seite 1