1. Macy's sinks as poor spring season hits profit  Yahoo Finance
  2. Macy's shares tank 17% as deep discounting leads to a big earnings miss and a cut in forecast  CNBC
  3. Macy’s Tanks After Forecast Cut, Signaling Department-Store Woes  Bloomberg
  4. Macy’s Turnaround Hits Harsh Retail Reality  The Wall Street Journal
  5. Department store stocks plummet on the heels of Macy's dismal earnings  CNBC
  6. View full coverage on Google News
The largest U.S. department store operator, whose flagship building in Manhattan is a major tourist attraction, blamed a bigger-than-expected decline in tourist spending for the shortfall along with weak demand for its own-brand women's sportswear and for warm weather apparel. Tourist arrivals toThe largest U.S. department store operator, whose flagship building in Manhattan is a major tourist attraction, blamed a bigger-than-expected decline in tourist spending for the shortfall along with weak demand for its own-brand women's sportswear and for warm weather apparel. Tourist arrivals to

Macy's sinks as poor spring season hits profit

Macy's shares are down more than 50% from a year ago. The company has been hit along with other department store operators.Macy's shares are down more than 50% from a year ago. The company has been hit along with other department store operators.

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Bloomberg - Are you a robot?

Macy’s stock has fallen sharply after the department store chain reported miserable second quarter earnings, painting an even bleaker picture for sector.Macy’s stock has fallen sharply after the department store chain reported miserable second quarter earnings, painting an even bleaker picture for sector.

Macy’s stock plunged after the department store chain reported a huge earnings miss - Barron's

A fashion miss, slow sell-through of warm weather fashions and the accelerated decline in tourism caused rising inventory levels, the department store said.A fashion miss, slow sell-through of warm weather fashions and the accelerated decline in tourism caused rising inventory levels, the department store said.

Macy's earnings: Company sends ominous signal for retailers in 2Q

The company said on Wednesday inventory became a challenge as it also missed the mark with its key women’s sportswear private brands and a higher decline in international tourism.Macy’s cut its full-year earnings forecast after missing Wall Street estimates for quarterly profit for the first time in two years, as the department store operator discounted heavily to clear

Macy’s shares plunge as discounts eat into profits

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