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The Latest Breaking News from Macy Inc

S&P Futures Gain With U.S. Inflation Data in Focus

December S&P 500 E-Mini futures (ESZ24) are trending up +0.10% this morning as investors awaited the all-important U.S. inflation report for clues on whether the Federal Reserve will lower or hold interest rates next week.

Barchart

S&P Futures Tick Higher as Key U.S. Inflation Report Looms

Barchart

3 Consumer Brands Winning Over Millennials and Gen Z

As Millennials and Gen Z continue to redefine consumer behavior, brands that align with their values of sustainability, value, and reputation are seeing strong growth. Thus, investor could invest in fundamentally sound consumer stocks Netflix (NFLX), PepsiCo (PEP), and Macy's (M), which are successfully tapping into this shift. Keep reading.

StockNews.com

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Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue

The Independent UK

A Macy’s employee made accounting errors ‘intentionally,’ hiding up to $154 million in expenses. Now the company’s earnings report is delayed

The Macy’s employee, who is no longer with the company, hid delivery expenses during the course of almost three years.

Fortune

Macy’s says accounting worker hid up to $154 million in expenses

The company did provide some preliminary results for its third quarter

The Independent UK

Macy's Says Employee Intentionally Hid Up To $154 Million In Delivery Expenses

The retailer has delayed its full earnings report while an investigation continues.

International Business Times

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How Macy's CFO/COO helps lead a three-part strategy with the goal of sustainable and profitable growth

In his role, Adrian Mitchell also spearheads change management.

Fortune

6 of the new Macy’s Thanksgiving Day Parade floats you’ll see in 2023

The new floats you can enjoy at the 2023 Macy's Thanksgiving Day Parade.

USA Today Sports Media Group

Every 2023 Macy’s Thanksgiving Day Parade balloon character, ranked

Ranking the best of the character balloons at the 2023 Macy's Thanksgiving Day Parade.

USA Today Sports Media Group

7 of the new Macy’s Thanksgiving Day Parade balloons you’ll see in 2023

From a new Snoopy to Kung Fu Panda, here are some new balloons you'll see at the 2023 Macy's Thanksgiving Day Parade.

USA Today Sports Media Group

3 Luxury Stocks to Watch During the Holiday Season

The luxury industry is predicted to thrive as consumer spending increases and individuals value experiences and premium products. Hence, fundamentally sound luxury stocks Victoria’s Secret (VSCO), Fossil Group (FOSL) and Macy's (M) might be solid stocks to add to your watchlists this holiday season. Read more.

StockNews.com

More Macy's stores to close in 2023. See the list of closing locations.

The new year brings a new round of Macy’s store closings.

Axios

Macy's CFO says his finance team will help 'shape outcomes' in 2023, not just report results

Data science fuels Macy's modern department store ambition, says CFO Adrian V. Mitchell.

Fortune

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Is Macy’s Stock a Smart Buy This Holiday Season?

Leading retailer Macy’s, Inc. (M) surpassed its EPS and revenue estimates in the last reported quarter. However, the company witnessed declining sales and earnings. Also, considering the sky-high inflation and the Fed’s aggressive monetary policy, will M be a smart buy this holiday season? Continue reading to find out.

StockNews.com

5 Top-Quality Fashion Stocks to Buy at a Discount

The fashion industry is regaining traction with pent-up demand and rapid technological advancements. With analysts expecting robust fashion sales this year, fundamentally sound fashion stocks Hugo Boss (BOSSY), Chico's FAS (CHS), Nordstrom (JWN), Macy's (M), and Dillard's (DDS), which are currently trading at discounts to their peers, could be solid…

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