Macy's Inc
Stocks making the biggest moves premarket: Nvidia, Palantir, Interpublic Group, Reddit, Macy’s and more
Check out the companies making headlines in premarket trading. Nvidia — Shares slid 2% after China said a regulatory body launched an investigation into the chipmaker. The State Administration for Market Regulation was looking at potential antimonopoly law violations, according to the Chinese government. Advanced Micro Devices — The chipmaker dropped more than 1% after […]
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Ulta Beauty beats Wall Street’s earnings expectations, despite fears of slowing demand
Beauty products on the shelves at Ulta on State Street in Chicago on Feb. 4, 2015. Brian Cassella | Tribune News Service | Getty Images Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year outlook slightly […]
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More Americans are living in malls, as developers get creative to help ease the housing crisis
Say hello to life at the mall. The classic American mall is undergoing a dramatic transformation as real estate developers swap out dying department stores for apartments, ushering in an era where living at the mall could soon become a new norm. Some U.S. developers are knocking down department stores like Macy’s or JCPenney and […]
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Stocks making the biggest moves midday: Bath & Body Works, Robinhood, Macy’s and more
Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, boosted by solid demand for […]
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An options trade on two retailers reporting earnings this Thanksgiving week
Six well-known retailers release quarterly earnings this week. Kohl’s, Macy’s, Best Buy, Dick’s, and Burlington will report before the open on Tuesday, November 26th, and Nordstrom will report after the close. Their results may provide some insights into the state of the U.S. consumer going into the holiday shopping season and whether those that have […]
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Stocks making the biggest moves premarket: Robinhoood, Bath & Body Works, MicroStrategy, Macy’s and more
Check out the companies making headlines in premarket trading. Bath & Body Works — Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. The retailer earned 49 cents per share, excluding items, on revenue of $1.61 billion, while analysts polled by LSEG had anticipated earnings of 47 cents a share and revenue of […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Turkey trade U.S. stocks enter a shortened trading week on a winning run. The Dow Jones Industrial Average climbed about 2% last week and notched a record close Friday. The S&P 500 and Nasdaq Composite both rose about 1.7%. […]
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Macy’s says quarterly sales dropped, delays full earnings release due to accounting issue
A shopper carries a Macy’s bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Macy’s on Monday posted preliminary third-quarter results and said it would delay its full earnings release as it completes an investigation of an accounting issue. The company was […]
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Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts
Tommy | Digitalvision Vectors | Getty Images Dozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded cards to record highs in the months before the Federal Reserve began cutting rates, as the companies looked to pad profits during a stretch of sluggish sales. At least 50 companies […]
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TJ Maxx parent says holiday shopping is off to a ‘strong start,’ but its guidance tells another story
TJX Companies touted a “strong start” to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street. TJX comfortably beat Wall Street’s expectations during its fiscal third quarter, but it’s expecting earnings per share for its holiday quarter to be between $1.12 and […]
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