Macy's delays Q3 report on accounting issue

Macy's Delays Q3 Report on Accounting Issue, Sales Misses in Preliminary Results
(Reuters) - Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery expenses and instead reported preliminary results in which its sales missed Wall Street expectations.
Macy's Q3 Net Sales, Comps Down; To Delay Earnings Report; Stock Down In Pre-market
Department store chain Macy's Inc. (M) on Monday reported that its third-quarter net sales decreased 2.4 percent from last year to
Macy’s stock drops after ‘erroneous’ accounting entries found, leading to delay of quarterly results
Shares of Macy’s Inc. dropped 3.7% in premarket trading Monday, after the department-store chain said it uncovered “erroneous accounting accrual entries,” which will result in the company delaying the release of fiscal third-quarter results.
Macy's misses quarterly net sales expectations
Macy's on Monday missed Wall Street expectations for third -quarter sales in its preliminary results, as steep promotions failed to attract customers who have turned selective on purchases. Net sales decreased 2.
Macy's delays Q3 report on accounting issue, expects weaker sales
Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses and instead posted preliminary results in which its sales missed
Franklin K2 Alternative Strategies Fund Q3 2024 Commentary
Global equities ended the third quarter of 2024 collectively higher as they recovered from bouts of heightened volatility.
FiercePharma5h
Pfizer led industrywide sales surge in Q3 after several quarters of dominance by Eli Lilly, Novo Nordisk
After six straight quarters in which Eli Lilly or Novo Nordisk achieved the highest year-over-year revenue growth among the ...
Argus Raises NVIDIA Corporation (NVDA) Price Target to $175, Citing Strong Q3 Performance and Growth Across Multiple Markets
We recently compiled a list of the 14 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where ...
Q3 is one of Snowflake's 'best quarters we've seen in a long time', says Jefferies Brent Thill
Brent Thill, Jefferies Analyst, joins 'Closing Bell Overtime' to talk Snowflake earnings as shares spike over 13% in extended ...
Graphic7m
CBG posts impressive financial results in Q3
This result is more than just a financial gain; it demonstrates our commitment to being a driving force for positive economic impact. CBG’s balance sheet underscores financial stability, with total ...
Snowflake Shatters Q3 Sales Expectations
Snowflake impresses with strong product revenue growth, but profitability issues remain.
KE Holdings Q3 Earnings Miss: Mobile User Base Decline Despite Housing Market Growth
KE Holdings Inc (NYSE:BEKE) shares are trading lower premarket on Thursday after the company reported third-quarter results.
Singapore Q3 GDP up 5.4% y/y, higher than advance estimate; 2024 forecast upgraded
Singapore's economy grew 5.4% in the July-September quarter from a year earlier, higher than the 4.1% official advance ...
GM Authority3d
Chevy Colorado Sales Up, Market Share Down During Q3 2024
Chevy Colorado sales grew 13 percent to 28,887 units, placing second in its class in Q3 2024, behind the Toyota Tacoma but ...