Macy's outlook darkens after results
STORY: Business is slowing at Macy’s. Thursday the retailer cut its annual sales and profit forecasts. Higher rental and food prices have led shoppers to trade down to cheaper items or cut back on purchases.
The CEO said consumers pulled back more than anticipated and put that money into food, essentials and services.
Macy’s said it will need to discount more in the current quarter to clear out excess spring and summer inventory. The company had managed to control promotions which along with lower costs helped it beat profit expectations in the first quarter.
Rival department stores including Nordstrom and Kohl’s maintained their outlooks though one analyst tells Reuters he thinks Macy’s is being more conservative which is the right move in this macroeconomic environment.
Shares fell 3 percent in morning trading.
相關影片推薦
1:52
義大利絕美「眾神之路」中世紀牧人小徑變身熱門景點Yahoo奇摩(國際通)39,874 次觀看・1 天前1:57
南投竹山26戶別墅地層下陷 53住戶連夜撤離民視影音11,558 次觀看・15 小時前1:59
仁武豪華別墅地下室滅頂 居民矛頭指向市府重劃工程民視影音56,226 次觀看・15 小時前2:43
只差3秒! 蘇花工程人員逃命畫面曝光 倒車逃險遭埋華視影音87,893 次觀看・20 小時前1:47
台南新營區"後鎮排水"潰堤 鹽水區淹成汪洋民視影音188,344 次觀看・21 小時前1:58
鼓山美術館豪宅區淹大水 整片"土黃泥流"損失慘民視影音122,778 次觀看・1 天前1:58
新北送高雄1146元外送單是真的! 外送員現身東森新聞影音416,599 次觀看・3 天前11:02
地震來了怎麼辦?豆腐別再涼拌了,教你新吃法,做法簡單味道足,加上杏鮑菇,香!芭樂媽的家 Qistin Wong TV72,471 次觀看・5 天前10:59
如何把剩飯變好吃?加上小黃瓜,不油炸不燉煮,出鍋孩子搶著吃,香!芭樂媽的家 Qistin Wong TV21,336 次觀看・5 天前1:51
二度訪美! 盧秀燕強調自費 綠批:僑民比市民重要?民視影音2,561 次觀看・9 小時前
熱門必看
13:07
葉全真不愛邀人作客竟是因為這點?唐老師:「好典型的處女座」!Ep.225-2唐綺陽談星室374,485 次觀看・3 週前24:06
霸氣挑戰南部小吃價格 吃到賺到!板橋10樣親民價美食Yahoo創作摩人134,343 次觀看・1 個月前23:55
吃爆三峽老街美食|九間就被擊垮了|最道地金牛角竟是這家?|阿環格格出遊去 Ft.阿環小姐 [送你營養吃]黃君聖Sunny營養師154,076 次觀看・1 個月前21:58
瀕臨破產到全球市值最強!輝達(Nvidia)是怎麼崛起的?買他們股票的都賺翻了?《 時代的巨人》EP 021|志祺七七志祺七七 X 圖文不符202,015 次觀看・1 個月前6:30
台中南屯|百年秘方汕頭火鍋Lee Yi李易42,077 次觀看・1 個月前