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Macy's Stock Hits 1-Year Low After Mixed Results
MMacy's(M) Schaeffers Investment Research·2025-03-06 15:52

Retail stock Macy's Inc (NYSE:M) is down 1.9% at 13.05, earlier hitting a 52-week low of 12.60.Thecompanyreportedmixedfourth−quarterresults,includingbetter−than−expectedearningsalongsidearevenuemiss,butinvestorsarefocusinginonthedisappointingfull−yearguidance.Notably,CEOTonySpring′sturnaroundeffortsappeartobetakingshape,however,withcomparablesalesup0.212.60. The company reported mixed fourth-quarter results, including better-than-expected earnings alongside a revenue miss, but investors are focusing in on the disappointing full-year guidance. Notably, CEO Tony Spring's turnaround efforts appear to be taking shape, however, with comparable sales up 0.2% -- the highest since the first quarter of 2022. On the charts, the 16 level has been keeping rallies in check sinc ...