News Formal

Macy's Q2 earnings call: Biggest Takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Macy's (M) stock trends lower this morning despite reporting a second-quarter earnings beat. The department store retailer is seeing declines in same-store sales and credit card revenues tied to delinquencies. Yahoo Finance Reporter Brooke DiPalma joins the Live show to break down Macy's CFO Adrian V. Mitchell's comments from the retailer's earnings call, including the success the chain is seeing in smaller-sized stores and its cautious outlook.

Going on a boating trip soon? Here are some hilarious scenarios you may encounterInvestors can buy these bargain stocks and get paid well in growing dividend income. Price appreciation will eventually follow. The post 3 Bargain Stocks You Can Buy Today and Hold Forever appeared first on The Motley Fool Canada.

When Cuba in early August announced it was taking a major step towards electronic banking and a "cashless" society, the offices of fledgling small businesses across the communist-run country were left scrambling to figure out how to respond.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Macy’s Earnings Top Forecasts as Promotions Attract ShoppersMacy’s Inc. profit beat analyst expectations as markdowns attracted bargain-hunting shoppers who are pulling back on purchases after a pandemic shopping boom.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Macy's earnings beat estimates, but execs send warning signal on health of America's shoppersMacy's may have beat estimates, but it's taking a cautious outlook for the rest of the year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »