Macy's Reports 4th Quarter 2023 And A New Vision For Future

Macy's mall location. Macys plans to continue closing stores.gettyThere was a lot of excitement when Tony Spring, the new CEO of Macy’s, discussed the past but also unveiled his vision for the future. Macy’s. 4th quarter diluted earnings per share were down $(0.26) compared to last year $1.83 and adjusted EPS was $2.25 compared to last year’s $1.88 per share.The significant announcement was that Macy’s has a repositioning plan which is Tony Spring’s vision for the future. It is a bold statement that basical ...