Analysts see much bigger challenges for the retailer than lax accounting.
Category: Company Reports
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Macy’s Details Multimillion-Dollar Accounting Error in Downbeat Report
Analysts see much bigger challenges for the retailer than lax accounting.
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C.E.O. of Stellantis, Owner of Chrysler and Jeep, Resigns
The company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a new chief would be appointed early next year.
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Holiday Shopping Season Separates Winning Retailers From Losers
Consumers are seeking deals and being choosier about their spending in the crucial final weeks of the year, executives say.
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Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Ashley Buchanan will be the third chief executive of the department store chain since 2018.
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Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
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Nvidia’s Earnings Report: What to Watch
Investors have high hopes for the chipmaker, the world’s most valuable company, which has enormous influence over the stock market.
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Target’s Stock Sinks on Weak Sales Ahead of Holiday Shopping Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.
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Walmart Sees ‘Momentum’ Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.
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Disney’s Earnings Report Paints a Rosy Picture for the Future
The company, which does not typically release guidance to investors, said that profit would jump over the next three years.
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Disney’s Earnings Report Paints a Rosy Picture for the Future
The company, which does not typically release guidance to investors, said that profit would jump over the next three years.
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New York Times Passes 11 Million Subscribers
The Times reported steady growth in digital subscriptions in the third quarter and a profit for The Athletic for the first time since it acquired the sports site in 2022.