Macy’s, Inc. (NYSE:M) shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth ...
Macy’s warned of weaker revenue in the crucial year-end period, saying net sales will likely come in at the low end or slightly below its previously guided range of $7.8 billion to $8 billion. The ...
However, critics of this plan argued that the company should be focused on long-term strategies instead of quick fixes that will leave the stock less profitable in the long-run. Why Macy’s is ...