FILE - Shoppers walk into a Macy's department store Monday, Feb. 22, 2021, at Miami International Mall in Doral, Fla. Macy's reports their earnings on Thursday, June 1, 2023. (AP Photo/Wilfredo Lee)
June 4, 2023
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November 19, 2023 3:54 p.m.
Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenue
Macy's third-quarter sales declined as consumers remain cautious on their spending, but the results and its adjusted profit both topped Wall Street's expectations.
June 4, 2023 midnight
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Sales began to flag in March, forcing the New York department store to cut prices on clothes and other discretionary items.