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Macy's (M) Q1 2025 Earnings Call Transcript
28 May 2025 20:52 GMT
Image source: The Motley Fool.
DATE
Wednesday, May 28, 2025, at 8 a.m. EDT
CALL PARTICIPANTS
Chairman and CEO — Tony Spring
Chief Operating Officer and Chief Financial Officer — Adrian Mitchell
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Macy's CEO says retailer will hike some prices as tariffs cut into profits
28 May 2025 17:42 GMT
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs.
In a news release, the department store operator said it …
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Macy's surprises in first quarter, but cuts profit outlook as tariff costs seep in
28 May 2025 15:08 GMT
NEW YORK (AP) — Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.
The New York retailer, however, topped …
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Macy's New Hire To Lead Finance And Operations Functions Fails To Reverse Retail's Highly Bearish Stance
02 Apr 2025 09:42 GMT
The appointment comes as the department store chain reorganizes its operations under Tony Spring, who took over as CEO last year.
Published: Apr 2, 2025, 3:00 PM IST
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Department store chain Macy's Inc (M) has hired Capri Holdings (CPRI …
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Full list of US store closures including iconic nationwide brands
01 Apr 2025 07:33 GMT
The retail landscape is facing a grim reality as a slew of major stores prep for closures, painting a dire scene for the industry. Earlier in the month, Macy's dropped the bombshell that it's shutting down 150 stores within the next couple of years …
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Dollar General announces nearly 100 store closures at popular discount retailer amid retail bloodbath
24 Mar 2025 21:32 GMT
Just shy of 100 stores are planned for closure (
Image: Getty Images)
Popular discount store Dollar General has announced they intend to close 96 store locations and an additional 45 pOpshelf stores. This comes amid widespread closures in the bricks-and- …
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All US stores closing as retailers face bloodbath and iconic department store among those set to go
23 Mar 2025 11:10 GMT
As several stores announce they're closing this year, here's a full list of all the closures amid a bloodbath for the retail industry. Earlier this month, iconic retailer Macy's announced that it will be closing 150 stores in the next two years …
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Dollar General announces store closures for 2025
22 Mar 2025 07:33 GMT
Dollar General is the next retailer to announce store closures in 2025.
The company announced plans to close 96 stores in the coming weeks, along with 45 pOpshelf locations. Six pOpshelf locations will be converted into Dollar General stores, the company …
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Dollar General plans to close almost 100 stores over the next month
22 Mar 2025 05:13 GMT
Dollar General is the next retailer to announce store closures in 2025. The company announced plans to close 96 stores in the coming weeks, along with 45 pOpshelf locations. Six pOpshelf locations will be converted into Dollar General stores, the company …
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Ulta Beauty CEO confirms closure and reveals stores are ‘not as strong’ as retail giant struggles against rival Sephora
18 Mar 2025 00:24 GMT
MAJOR retailer Ulta Beauty confirmed a closure and revealed stores are "not as strong" as rival Sephora.
The company CEO announced their sad news this week amid "consumer uncertainty" and poor sales projections.
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Ulta Beauty confirmed …