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Macy's beats lowly earnings expectations as the retailer faces tariffs and cautious consumers

Macy's beat muted estimates as it attempts a turnaround under CEO Tony Spring.

Yahoo Finance 1 hour ago

BURL

ROST

M
Oklo nuclear project, US Steel–Nippon deal, AMC record revenue

Josh Lipton takes a look at today's top stories in this segment of Market Minute. Oklo (OKLO) is rising as it announces it will collaborate with Korea Hydro & Nuclear Power on a nuclear project. US Steel (X) is rising as Nippon Steel (NPSCY) is expected to close the acquisition of the company soon. AMC (AMC) is soaring after announcing record-breaking Memorial Day weekend revenue. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

Yahoo Finance Video 18 hours ago

NISTF

NPSCY

AMC
2 things in focus in Macy's Q1 earnings report

Macy's (M) reports first quarter results before Wednesday's opening bell. Coresight Research CEO and founder Deborah Weinswig joins Morning Brief to discuss what investors can expect from the company's earnings print. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 21 hours ago

M
Box Stock Soars After Strong Q1, Raised Full-Year Outlook

Box Jumps as AI, Overseas Gains Lift Sales Guidance

GuruFocus.com 1 second ago

BXNCP
Rocket Lab Soars After $275M Geost Acquisition Announcement

Rocket Lab Enters Payload Market with Geost Buyout, Shares Jump

GuruFocus.com 1 minute ago

RKLB
GameStop buys bitcoin worth $513 million in crypto push

GameStop said in a filing it acquired 4,710 bitcoins, although it did not disclose the period for the purchases. The world's largest cryptocurrency was trading down 0.7% at $108,903 by 7 a.m. ET. The purchases are GameStop's first bitcoin purchase since unveiling its plans in March to invest in the digital asset, adopting a strategy pioneered by Michael Saylor's Strategy, an enterprise software company and the largest corporate holder of bitcoin.

Reuters 38 minutes ago

GME
Okta to Present at Upcoming Investor Conferences

SAN FRANCISCO, May 28, 2025--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced that members of its management team are scheduled to participate in upcoming investor conferences.

Business Wire 43 minutes ago

OKTA
Macy’s Cuts Profit Outlook Despite Solid Spring-Season Sales

Macy’s cut its full-year earnings guidance to account for global tariffs and some moderation in consumer spending, but reported a smaller decline in sales than expected for the spring quarter.

The Wall Street Journal 45 minutes ago

M
Abercrombie and Fitch’s (NYSE:ANF) Q1 Sales Beat Estimates, Stock Jumps 25.5%

Young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 7.5% year on year to $1.1 billion. The company expects next quarter’s revenue to be around $1.18 billion, close to analysts’ estimates. Its GAAP profit of $1.59 per share was 19.7% above analysts’ consensus estimates.

StockStory 53 minutes ago

ANF
Box Stock Climbs After Strong First-Quarter Earnings Report

Box Inc. stock was climbing in premarket trading Wednesday after the cloud storage company beat earnings expectations for the first quarter and raised revenue guidance for the remainder of the fiscal year. Box management also raised its revenue forecast for fiscal 2026 to $1.165 billion to $1.17 billion from a previous range of $1.155 billion to $1.16 billion. Box shares jumped 10% to $34.72 in premarket trading.

Barrons.com 53 minutes ago

BXNCP
Abercrombie & Fitch Stock Surges 26% on Earnings Beat and Record Net Sales

Shares of Abercrombie & Fitch soared in premarket trading Wednesday after the apparel retailer posted fiscal first-quarter earnings that surpassed analysts’ expectations. Adjusted earnings of $1.59 a share topped the $1.36 Wall Street was anticipating, according to FactSet Net sales of $1.1 billion were up 8% from the previous year and above estimates of $1.06 billion. Shares surged 26% to $96.99 in premarket trading.

Barrons.com 59 minutes ago

ANF
These Stocks Are Moving the Most Today: Nvidia, Tesla, Okta, Abercrombie & Fitch, Box, DJT, Macy’s, and More

Nvidia is scheduled to report first-quarter earnings after the closing bell Wednesday, Tesla shares trade higher, and Okta tumbles following a disappointing forecast.

Barrons.com 1 hour ago

NVDA

TSLA

SMTC
Abercrombie shares surge as strong demand drives first-quarter beat

Shares of the company, which has been rattled by U.S. President Donald Trump's erratic tariff policy moves, have lost nearly half of their value so far this year. However, Abercrombie joined several retailers including upscale apparel brand Ralph Lauren in cutting its annual profit forecast amid expectation of uneven demand due to tariffs. The company now expects annual net income per share in the range of $9.50 to $10.50, compared with prior forecast of $10.40 to $11.40 per share.

Reuters 1 hour ago

ANF
Abercrombie: Fiscal Q1 Earnings Snapshot

NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Wednesday reported fiscal first-quarter earnings of $80.4 million. The New Albany, Ohio-based company said it had net income of $1.59 per share. The results topped Wall Street expectations.

Associated Press Finance 1 hour ago

ANF
Abercrombie & Fitch Co. Reports First Quarter Fiscal 2025 Results

Record first quarter net sales of $1.1 billion, up 8% from last year, exceeding outlookNet sales growth across regions, with Americas up 7%, EMEA up 12% and APAC up 5%Brand performance led by Hollister brands’ growth of 22% with Abercrombie brands down 4% compared to last yearProfitability exceeds company outlook with operating margin of 9.3%, earnings per share of $1.59Repurchased 2.6 million shares for $200 million, representing 5% of shares outstanding at February 1, 2025 NEW ALBANY, Ohio, Ma

GlobeNewswire 1 hour ago

ANF
Bank of Montreal Raises Dividend After Rise in Quarterly Earnings

Bank of Montreal bumped up its dividend after earnings in its second-quarter were lifted by strength in its wealth management business.

The Wall Street Journal 1 hour ago

BMO
Macy’s Cuts Earnings Guidance on Tariff and Spending Uncertainty. The Stock Rises.

The department store posts a better-than-feared first quarter but trims fiscal-year profit guidance.

Barrons.com 1 hour ago

M
Capri Holdings: Fiscal Q4 Earnings Snapshot

The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share. The luxury retailer posted revenue of $1.03 billion in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $982.8 million.

Associated Press Finance 1 hour ago

CPRI
Photronics: Fiscal Q2 Earnings Snapshot

PLAB) on Wednesday reported earnings of $8.9 million in its fiscal second quarter. The Brookfield, Connecticut-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs, came to 40 cents per share.

Associated Press Finance 1 hour ago

PLAB
Photronics (NASDAQ:PLAB) Reports Q1 In Line With Expectations But Stock Drops

Semiconductor photomask manufacturer Photronics (NASDAQ:PLAB) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 2.8% year on year to $211 million. On the other hand, next quarter’s revenue guidance of $204 million was less impressive, coming in 7.3% below analysts’ estimates. Its non-GAAP profit of $0.40 per share was 16.7% below analysts’ consensus estimates.

StockStory 1 hour ago

PLAB

Performance Overview

Return	2060.T	Nikkei 225 (^N225)
YTD	+24.31%	-5.44%
1-Year	+10.58%	-2.92%
3-Year	+63.61%	+40.85%

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Related News

Macy's beats lowly earnings expectations as the retailer faces tariffs and cautious consumers

Oklo nuclear project, US Steel–Nippon deal, AMC record revenue

2 things in focus in Macy's Q1 earnings report

Box Stock Soars After Strong Q1, Raised Full-Year Outlook

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GameStop buys bitcoin worth $513 million in crypto push

Okta to Present at Upcoming Investor Conferences

Macy’s Cuts Profit Outlook Despite Solid Spring-Season Sales

Abercrombie and Fitch’s (NYSE:ANF) Q1 Sales Beat Estimates, Stock Jumps 25.5%

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Abercrombie & Fitch Stock Surges 26% on Earnings Beat and Record Net Sales

These Stocks Are Moving the Most Today: Nvidia, Tesla, Okta, Abercrombie & Fitch, Box, DJT, Macy’s, and More

Abercrombie shares surge as strong demand drives first-quarter beat

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Abercrombie & Fitch Co. Reports First Quarter Fiscal 2025 Results

Bank of Montreal Raises Dividend After Rise in Quarterly Earnings

Macy’s Cuts Earnings Guidance on Tariff and Spending Uncertainty. The Stock Rises.

Capri Holdings: Fiscal Q4 Earnings Snapshot

Photronics: Fiscal Q2 Earnings Snapshot

Photronics (NASDAQ:PLAB) Reports Q1 In Line With Expectations But Stock Drops

Performance Overview