Kim Kardashian logged onto TikTok earlier this month and did something new: Tried to sell pajamas, slippers and matching sweat sets like the host of an old-fashioned TV infomercial https://t.co/qoW96g88nA ...

Core Insights - Macy's sales have reached their highest level in over three years, indicating significant progress in its turnaround strategy initiated in 2024 [1] - The latest report shows that sales at stores planned to remain open increased for the second consecutive quarter, while overall sales across the Macy's brand grew at the fastest rate in 13 quarters [1] Group 1: Sales Performance - Bloomingdale's and Bluemercury, also owned by Macy's Inc., continued to show growth, with Bloomingdale's achieving five straight quarters of comparable-store sales growth and Bluemercury reaching 19 consecutive quarters of growth [2] - Strong demand for "giftable" categories such as sweaters, pajamas, sneakers, and handbags has been noted, with Coach bags being particularly popular during Black Friday, mostly selling at full price [5] - Retailers, including Macy's, have maintained promotions at the same or lower levels than the previous year, allowing for more new products to be sold at full price due to healthier inventories [8] Group 2: Strategic Initiatives - Macy's is implementing a strategy that includes closing about 150 underperforming stores by the end of 2026 to achieve sustainable and profitable sales [9] - The company has faced challenges in adapting to rapid industry changes and competition, which has historically impacted its performance [11] - To attract younger customers, there is a need for Macy's to enhance product offerings and create engaging in-store events, as emphasized by industry experts [13][14]

Core Viewpoint - Victoria's Secret reported quarterly earnings of $0.33 per share, significantly exceeding the Zacks Consensus Estimate of $0.13 per share, representing an earnings surprise of +153.85% [1][2] Financial Performance - The company posted revenues of $1.46 billion for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 3.78% and showing an increase from $1.42 billion year-over-year [2] - Over the last four quarters, Victoria's Secret has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - Victoria's Secret shares have declined approximately 45% since the beginning of the year, contrasting with the S&P 500's gain of 10.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.58 on revenues of $1.35 billion, while for the current fiscal year, it is $2.01 on revenues of $6.24 billion [7] Industry Context - The Retail - Apparel and Shoes industry, to which Victoria's Secret belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Victoria's Secret's stock performance [5][6]

Company Performance - Genesco reported a quarterly loss of $2.05 per share, slightly better than the Zacks Consensus Estimate of a loss of $2.09, and an improvement from a loss of $2.10 per share a year ago, indicating an earnings surprise of 1.91% [1] - The company posted revenues of $473.97 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.33% and showing an increase from year-ago revenues of $457.6 million [2] - Over the last four quarters, Genesco has exceeded consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Outlook - Genesco shares have declined approximately 47.7% since the beginning of the year, contrasting with the S&P 500's gain of 1.5% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.81 on revenues of $531.05 million, while for the current fiscal year, the estimate is $1.47 on revenues of $2.34 billion [7] Industry Context - The Retail - Apparel and Shoes industry, to which Genesco belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Genesco's stock performance [5]

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Victoria's Secret due to lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - The earnings report is expected on June 5, 2025, with a consensus EPS estimate of $0.04, reflecting a -66.7% year-over-year change, and revenues projected at $1.33 billion, down 2.1% from the previous year [3][4]. Estimate Revisions - The consensus EPS estimate has been revised 7.02% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - Victoria's Secret has a positive Earnings ESP of +54.55%, suggesting analysts are optimistic about the company's earnings prospects, despite a Zacks Rank of 3 [12]. Historical Performance - In the last reported quarter, Victoria's Secret exceeded the expected EPS of $2.30 by delivering $2.60, resulting in a +13.04% surprise. The company has beaten consensus EPS estimates in the last four quarters [13][14]. Industry Comparison - Genesco, another player in the retail apparel industry, is expected to report an EPS of $2.14, indicating a -1.9% year-over-year change, with revenues projected at $463.91 million, up 1.4% [19].