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Stock Market & Financial Investment News

News Breaks
August 13, 2014
10:44 EDTMMacy's sees Q3 SSS lower than Q4
Sees 2H total sales growth approximately 30bp lower than comp growth. Sees gross margin rate flat to down slightly for the year. Says "feels good" about back half of the year. Says "comfortable" maintaining FY14 EPS guidance. Says women's, men's sporstwear, non-athletic shoes were weakest categories in Q2. Says internet-generated demand growing. Says back-to-school sales have been "good," sees "click and collect" helping during holiday season. Says consumers dealing with economic environment that is improving, "at best, gradually." Comments made on the Q2 earnings conference call.
News For M From The Last 14 Days
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April 23, 2015
14:36 EDTMMacy's CEO says sees more discretionary spending in the future
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April 22, 2015
10:02 EDTMMacy's partners with Heidi Klum for exclusive collection
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