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Macy's, Inc. is a US retailer holding company founded in 1929 and maintaining corporate offices in New York and Cincinnati, Ohio, USA. Macy's operates over 700 Macy's and Bloomingdale's department stores as well as 125 specialty stores, including Bloomingdale's The Outlet, Macy's Backstage and Bluemercury. The company employs approximately 140,000 people and operates in 45 states, the District of Columbia, Puerto Rico and Guam as well as Dubai and Kuwait. The company's common stock is traded on the New York Stock Exchange (NYSE). Follow the Macy's share price at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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