Tag Archives: Macy's Inc

Nordstrom (JWN) stories Q2 2022 outcomes

Customers depart a Nordstrom retailer on Might 26, 2021 in Chicago, Illinois. Scott Olson | Getty Photos Information | Getty Photos Nordstrom on Tuesday slashed its monetary forecast for the total yr because the division retailer chain faces a glut of stock and slowing demand. The retailer’s lowered forecast got here even because it reported fiscal second-quarter earnings… Read More »

Macy’s (M) reviews fiscal Q2 2022 earnings

Macy’s on Tuesday lower its full-year forecast, saying it anticipates deteriorating client spending on discretionary objects like attire that may pressure the division retailer chain to make use of heavy markdowns to maneuver objects off cabinets. The warning comes even because the retailer reported a fiscal second-quarter revenue and income that topped analysts’ expectations. Macy’s now sees fiscal… Read More »