Macy's Inc (M.N)
Wed, Aug 15 2018
Aug 15 Macy's Inc on Wednesday said its gross margins would shrink in the fall season as delivery expenses rise, overshadowing a quarterly sales and profit beat and sending shares down more than 13 percent.
Macy's Inc on Wednesday reported a surprise rise in quarterly same-store sales and raised its full-year forecasts, but its shares fell 9 percent with some analysts attributing the drop to profit taking following the stock's run-up this year.
Aug 15 Macy's Inc on Wednesday reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter, boosted by strong performance across businesses.
Upscale home furnishing chain RH said on Friday it expects to significantly reduce the amount of goods sourced from China by fiscal 2019 to mitigate the impact of the proposed new tariffs by the United States.
July 13 Upscale home furnishing chain RH said on Friday it expects to significantly reduce the amount of goods sourced from China by fiscal 2019 to mitigate the impact of the proposed new tariffs by the United States.
May 16 Macy's Inc raised its full-year profit forecast on Wednesday and reported better-than-expected quarterly and same-store sales, helped by strong international tourism spending, a new loyalty program and a greater assortment of products offered in stores.
May 16 Macy's Inc said stellar performance at its businesses helped push quarterly same-store sales and profit well above Wall Street estimates, signaling that the company was keeping up in a fiercely competitive retail landscape.
May 16 Wall Street opened little changed on Wednesday as gains in retail stocks led by Macy's offset losses in energy and financial shares.
May 16 Macy's Inc reported on Wednesday a much better-than-expected increase in same-store sales for the first quarter, boosted by strong performance across its businesses, sending its shares up 13 percent premarket.
* MACY’S SAYS HAS ACQUIRED STORY, A CONCEPT STORE IN NEW YORK CITY Source text: (https://reut.rs/2HL5iKr) Further company coverage:
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