Macy's

Macys will announce results for the quarter ended July 31, 2026 on Sept. 10, 2026. Thirteen analysts on average expect earnings per share of $0.364 versus $0.310 in the year-ago quarter. Eight analysts see revenue at $4.80 billion versus $5.00 billion a year earlier (-4.02%). For the current fiscal year, 13 analysts forecast EPS of $2.23 and revenue of $21.70 billion versus $22.62 billion last year. » Altro su finanzen.net

Berkshire Hathaway bought about 7.37 million Macy's shares, raising its stake to roughly 2.8% and valuing the position at about $174 million. Macy's reported its strongest quarter in four years with revenue up 2% to $4.9 billion and net income rising 66%, and management raised its full-year sales and EPS outlook. The stock trades at about 10 times trailing earnings while most analysts rate it a hold, reflecting a market view of modest upside despite the ongoing turnaround and store optimization plan. » Altro su finance.yahoo.com

Macy’s has appointed Alexandre Choueiri as chief executive officer of the luxury cosmetics division Bluemercury. Choueiri will assume the position on August 3, 2026, and will report to Olivier Bron of Bloomingdale’s. He will oversee operations and growth strategy and brings more than 25 years of experience in the global luxury beauty sector, most recently as CEO & President, Americas, at Kering Beauté. » Altro su de.investing.com