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Macy's cuts its sales forecasts

2014-08-13 17:35:00| BBC News | Business | UK Edition

US department store chain Macy's cuts its full-year sales forecasts to make up for first-quarter losses, when bad weather kept shoppers away.

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US: Macy's cuts FY sales forecast amid tough headwinds

2014-08-13 16:42:17| Daily apparel & textile news and comment - from just-style.com

Despite booking a 3.3% rise in second-quarter sales, department store retailer Macy's Inc today (13 August) lowered its full-year sales outlook, saying it was unable to make up the shortfall incurred during the first quarter when snowy weather kept shoppers away from its stores.

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Why Macy's is Now One of Morgan Stanley's Best Ideas

2014-08-06 21:07:47| Apparel - Topix.net

Consistent execution, clear EPS growth algorithm, sector-leading FCF yield and shareholder returns deserve a higher FY2 P/E multiple than 12x On a PEG ratio basis, Macy's is the cheapest stock in our Softlines/Department Store coverage universe, other than Michael Kors .

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US: Macy's increases sustainability efforts

2014-07-24 15:00:00| Daily apparel & textile news and comment - from just-style.com

Department store retailer Macy's has announced a raft of new initiatives designed to boost the company's sustainability record.

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US: Macy's reports solid Q1 in challenging environment

2014-05-15 12:01:00| Daily apparel & textile news and comment - from just-style.com

Macy's delivered solid results in a challenging retail environment, an analyst has said, despite the US department store retailer booking a drop in first-quarter sales and narrowing margins.

Tags: reports environment solid challenging

 

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