Macy's reported second-quarter revenue of $4.9 billion, beating estimates, supported by $116 million in tariff refunds that boosted earnings. Adjusted EPS was $0.63 including $0.23 from refunds, surpassing expectations. The company raised its full-year revenue and profit guidance but some targets still fell short of analyst estimates. Macy's plans to reinvest most tariff refunds, expecting only a small portion to increase adjusted earnings per share for the year.
Macy's reported Q1 earnings per share of $0.40, exceeding the $0.37 estimate, with revenue of $4.87 billion beating expectations. Growth was driven by strong sales in Bloomingdale's, Bluemercury, and Macy's stores. The company raised its full-year ne...
Macy's and American Eagle both reported earnings but faced market sell-offs, with Macy's down 3.65% and American Eagle down 13.77%. Macy's beat expectations on earnings and sales, raised its full-year guidance, and showed strong cash flow and dividen...
Macy's stock fell 5% after it reported better-than-expected Q2 earnings and raised its full-year outlook, driven partly by $116 million in tariff refunds. While revenue and profit beat estimates, the market reacted negatively because much of the earn...
Macy's reported strong second-quarter results with a 2.7% rise in comparable sales, driven by revamped stores and growth in Bloomingdale's and Bluemercury brands. The company raised its full-year net sales forecast to $21.68-$21.83 billion and earnin...
Myriad Uranium Corp. announced preliminary uranium assay results from drilling at the Gem deposit within its Copper Mountain Uranium Project in Wyoming. The drilling intersected multiple broad intervals of near-surface uranium mineralization, with th...
