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This year is the 40th anniversary of Super Mario Bros., and the celebration continues with the upcoming 99th annual Macy’s Thanksgiving Day parade in Manhattan. For the first time ever, Nintendo’s top mascot will show up during the event alongside other balloons in a flying pose inspired by 2007’s Super Mario Galaxy, which you can see above. Dimension-wise, … Read more
Macy’s, Inc. (NYSE: M) reported its second quarter 2025 earnings results today. Net sales decreased 2.5% year-over-year to $4.8 billion. Comparable sales were up 0.8% on an owned basis and up 1.9% on an owned-plus-licensed-plus-marketplace (O+L+M) basis. Net income was $87 million, or $0.31 per share, compared to $150 million, or $0.53 per share, last … Read more
Shares of Macy’s, Inc. (NYSE: M) stayed red on Friday. The stock has gained 11% in the past three months. The retailer is slated to report its earnings results for the second quarter of 2025 on Wednesday, September 3, before market open. Here’s a look at what to expect from the earnings report: Revenue Macy’s … Read more
Macy’s, Inc. (NYSE: M) reported its first quarter 2025 earnings results today. Net sales decreased 5.1% year-over-year to $4.6 billion. Comparable sales were down 2% on an owned basis and down 1.2% on an owned-plus-licensed-plus-marketplace basis. GAAP net income was $38 million, or $0.13 per share, compared to $62 million, or $0.22 per share, last … Read more
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations. In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs, more promotions and “some moderation” in discretionary spending. Macy’s stuck by its full-year sales forecast, however. For fiscal 2025, Macy’s … Read more
Shares of Macy’s, Inc. (NYSE: M) were down over 1% on Monday. The stock has dropped 19% over the past three months. The retailer is scheduled to report its earnings results for the first quarter of 2025 on Wednesday, May 28, before the market opens. Here’s a look at what to expect from the earnings … Read more
Macy’s Inc. is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay. The department-store operator tied executives’ cash bonuses to an earnings metric that turned out to be overstated by around $81 million in 2023, Macy’s said in a securities filing on Tuesday evening. That meant … Read more
Macy’s Inc. (NYSE: M) reported its fourth quarter 2024 earnings results today. Net sales decreased 4.3% year-over-year to $7.8 billion. Comparable sales were down 1.1% on an owned basis and up 0.2% on an owned-plus-licensed-plus-marketplace basis. Net income was $342 million, or $1.21 per share, compared to a loss of $128 million, or $0.47 per … Read more
Department store chain Macy’s, Inc. (NYSE: M) has provided an update on its fiscal fourth quarter 2024 results and outlook. Estimated comparable sales are roughly flat quarter-to-date, with Macy’s non-First 50 locations performing below expectations and generating negative comparable sales The go-forward business achieved quarter-to-date comparable sales growth, with Macy’s First 50 locations and luxury … Read more
By Kanishka Singh (Reuters) – Seven people were injured in New York City on Christmas Day when a taxi jumped a sidewalk and hit pedestrians outside a Macy’s (NYSE:) department store after the cab driver suffered a medical episode, police said on Wednesday. The incident took place in Midtown Manhattan near Macy’s flagship store in … Read more
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