Financial Data and Key Metrics Changes - First quarter net sales reached $4.6 billion, exceeding guidance of $4.4 billion to $4.5 billion, with a decline of 5.1% year-over-year [7][27] - Adjusted diluted EPS was $0.16, above the guidance range of $0.12 to $0.15, compared to $0.27 last year [9][32] - Comparable sales (comps) declined 1.2%, better than the guidance of a decline of 4.5% to 2.5% [7][27] - Gross margin was $1.8 billion or 39.2% of net sales, flat compared to the prior year [31] Business Line Data and Key Metrics Changes - Macy's net sales were down 6.5% with comps down 2.1% [28] - Bloomingdale's net sales increased by 2.6% with comps rising 3.8% [30] - Blue Mercury's net sales were up 0.8% with comps increasing 1.5% [30] - Backstage outperformed full-line stores by several hundred basis points, while Marketplace achieved approximately 40% GMV growth [11] Market Data and Key Metrics Changes - International tourism negatively impacted comps by about 30 basis points [8] - Go forward business comps declined 0.9%, outperforming total comps [8] - The luxury segment showed resilience with Bloomingdale's and Blue Mercury continuing positive comp trends [12][14] Company Strategy and Development Direction - The company is focused on its "Bold New Chapter" strategy, emphasizing omni-channel performance and improving customer experience [6][10] - The strategy includes strengthening and reimagining Macy's, accelerating luxury offerings, and modernizing operations [10][14][15] - The company aims to diversify sourcing to mitigate tariff impacts, reducing reliance on China from over 50% pre-pandemic to 20% currently [16][17] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for the second quarter, noting improved performance in May compared to earlier months [43][44] - The company anticipates a more choiceful consumer and plans to navigate a competitive promotional landscape [21][34] - Management highlighted the importance of maintaining a healthy inventory to sales ratio while being disciplined with inventory commitments [21][22] Other Important Information - The company closed 64 underperforming locations last year as part of its strategy [24] - Capital expenditures are expected to be approximately $800 million, reflecting a commitment to long-term growth [37] - The company plans to return approximately $152 million to shareholders through dividends and share repurchases [33] Q&A Session Summary Question: Sales guidance and consumer pressure - Management reaffirmed annual sales guidance, noting stronger performance in March and April compared to February, with cautious optimism for the rest of the year [43][44] Question: Strategic pricing decisions - Pricing adjustments are being made selectively, with a focus on maintaining value for consumers while navigating tariff impacts [45][46] Question: Impact of tariffs on pricing - Pricing is gradually being integrated into the system, with limited pricing seen in Q2, and negotiations with vendors are ongoing [50][51] Question: Actions to capture market share - The company is focusing on product diversity, improved marketing, and enhanced in-store experiences to capture market share [59][62] Question: Inventory planning amid tariffs - The company plans to remain disciplined with inventory flow and avoid over-purchasing to mitigate tariff impacts [86][87] Question: Consumer health across income cohorts - Consumer health remains under pressure, but discretionary spending is showing signs of improvement, particularly in categories like fine jewelry [108][110]

Macy's, Inc. M will release its first-quarter earnings results before the opening bell on Wednesday, May 28. Analysts expect the New York-based company to report quarterly earnings at 15 cents per share, down from 27 cents per share in the year-ago period. According to data from Benzinga Pro, Macy's projects to report quarterly revenue at $4.43 billion, compared to $4.85 billion a year earlier. On May 16, the company's board of directors declared a regular quarterly dividend of 18.24 cents per share. Macy's ...

Macy’s, Inc. M will release its first-quarter financial results before the opening bell on Wednesday, May 28.Analysts expect the company to report quarterly earnings at 14 cents per share, down from 27 cents per share in the year-ago period and quarterly revenue of $4.5 billion, compared to $4.85 billion a year earlier, according to data from Benzinga Pro.On May 6, Morgan Stanley analyst Alex Straton maintained Macy’s with an Equal-Weight rating and lowered the price target from $14 to $12.With the recent b ...

In the span of just 52 weeks, Target (TGT -0.79%) has traded as low as $87.35 per share and as high as $167.40 per share. Unfortunately for investors, Target is hovering around the low end of that range at about $95 per share at the time of this writing. The sell-off in Target stock, paired with decades of dividend raises, has pushed Target's dividend yield up to a hefty 4.7%. Here's why Target is a dividend stock worth doubling up on in May, even though its challenges are far from over. Target just slashed ...

Group 1: Upcoming Earnings Reports - Nvidia, Costco, Dell, and Salesforce are expected to release quarterly reports that could significantly impact their sectors and the broader market [1] - AutoZone and Okta are set to report on Tuesday, with AutoZone's stock being a solid performer and Okta anticipated to have a strong quarter [2] - Dick's Sporting Goods and Macy's will report on Wednesday, with Macy's being labeled as a "chronically underperforming department store chain" [3] Group 2: Company-Specific Insights - Nvidia's stock is currently in a precarious position, but there are expectations for discussions around its growing software arm during earnings [4] - Salesforce's future revenue growth is uncertain, with mixed opinions on its agentic AI platform's impact, and there are rumors of renewed acquisition talks for Informatica [4] - Costco typically reports consistent earnings, but its stock tends to decline post-earnings announcements, suggesting investors should wait before buying [5] Group 3: Market Context and Economic Indicators - The Labor Department will release a key inflation metric, the personal consumption expenditures report, which is crucial for understanding inflation trends amid rising tariffs [6] - Marvell Technology and Dell are both considered integral to the data center sector, with Dell expected to report strong results despite speculation about Marvell's performance [6]

Core Viewpoint - Analysts project Burlington Stores (BURL) will report quarterly earnings of $1.42 per share, unchanged year over year, with revenues expected to reach $2.53 billion, reflecting a 7.3% increase from the same quarter last year [1]. Group 1: Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 1.2% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Group 2: Revenue Projections - Analysts expect 'Revenues- Net Sales' to be approximately $2.52 billion, indicating a year-over-year change of +7% [5]. - The estimate for 'Revenues- Other revenue' is projected at $4.18 million, suggesting a year-over-year decline of -1.4% [5]. Group 3: Company Metrics and Performance - Analysts estimate 'Stores at period end' to be 1,115, an increase from 1,021 reported in the same quarter last year [5]. - Burlington Stores shares have returned +17.3% over the past month, outperforming the Zacks S&P 500 composite's +10.7% change, with a Zacks Rank 3 (Hold) indicating expected performance in line with the overall market [5].

Wall Street analysts forecast that Kohl's (KSS) will report quarterly loss of $0.22 per share in its upcoming release, pointing to a year-over-year increase of 8.3%. It is anticipated that revenues will amount to $3.2 billion, exhibiting a decline of 5.2% compared to the year-ago quarter.The current level reflects an upward revision of 9.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pr ...

Core Insights - Kohl's Corporation (KSS) is expected to report a decline in top-line revenue for the first quarter of fiscal 2025, with a consensus estimate of $3.2 billion, reflecting a 5.2% decrease from the previous year [1] - The bottom line consensus has improved slightly from a projected loss of 28 cents to a loss of 22 cents, indicating a better performance compared to a loss of 24 cents per share in the same quarter last year [2] - Comparable sales for the first quarter are anticipated to decline by 6%, aligning with the company's full-year sales guidance of a 5% to 7% decline [3] Company Performance and Strategy - Kohl's is facing challenges due to macroeconomic uncertainty and a tough consumer environment, particularly in its e-commerce segment and the home category [2] - Despite these challenges, the company is making progress in underpenetrated categories such as home decor, gifting, impulse purchases, and baby products, which may provide some support in the fiscal first quarter [4] - Strategic initiatives, including enhancing customer experience, optimizing inventory, and effective cost management, are expected to positively impact performance [4] - The partnership with Sephora is also anticipated to contribute positively to the upcoming quarter's results [4] Earnings Expectations - The current model does not predict an earnings beat for Kohl's, as it holds a Zacks Rank of 3 and an Earnings ESP of 0.00% [5]

Wall Street expects a year-over-year increase in earnings on lower revenues when Kohl's (KSS) reports results for the quarter ended April 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 29, 2025, might help the stock move higher if these key numbers are better than expectations. ...

Target Corporation (NYSE: TGT ) just reported its Q1 2025 earnings , and the results were weak to say the least. Most of the important numbers were disappointing. For example, sales of the company declined, comparable store sales fell more thanI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, fin ...