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Macy's Stock Slips After Error Leads to Q3 Earnings Delay
Investopedia· 2024-11-25 21:55
Key TakeawaysMacy's stock retreated Monday morning after the retailer said it would delay its third-quarter earnings report from the originally scheduled Tuesday release.An employee hid at least $132 million in accounting expenses over the last three years, Macy's said Monday.Macy's preliminary third-quarter sales also came in below estimates, with lower sales at Macy's offsetting gains at the company's other brands. Macy's (M) shares moved lower Monday morning after the retailer said its official third-qua ...
Macy's delays earnings after finding $132M-plus fraud by employee
Proactiveinvestors NA· 2024-11-25 21:06
公司背景 - Proactive是一家全球性的金融新闻和在线广播团队,专注于为全球投资受众提供快速、易访问、信息丰富且具有操作性的商业和金融新闻内容 [1] - 公司拥有经验丰富且合格的新闻记者团队,所有内容均独立制作 [1] 新闻团队 - Proactive的新闻团队遍布全球主要金融和投资中心,包括伦敦、纽约、多伦多、温哥华、悉尼和珀斯 [2] - 团队专注于中小型市场,同时也保持对蓝筹公司、商品和更广泛投资故事的更新 [2] - 新闻内容涵盖生物科技和制药、矿业和自然资源、电池金属、石油和天然气、加密货币和新兴数字及电动汽车技术等领域 [3] 技术应用 - Proactive一直积极采用先进技术,其内容创作者拥有数十年的宝贵经验和专业知识 [4] - 公司偶尔使用自动化和软件工具,包括生成式AI,但所有发布的内容均由人类编辑和撰写,符合最佳实践 [5]
Macy's says quarterly sales dropped, delays full earnings release due to accounting issue
CNBC· 2024-11-25 20:38
文章核心观点 - 梅西百货(Macy's)推迟发布第三季度完整财报,原因是正在进行一项会计问题的调查 - 第三季度销售额同比下降2.4%至47.4亿美元,可比销售额(包括自有、授权门店及在线市场)下降1.3% [2] 公司动态 - 梅西百货原计划于周二开盘前发布季度财报,但因会计问题调查推迟至12月11日发布完整财报及第四季度和全年指引 [2] - 第三季度销售额为47.4亿美元,同比下降2.4% [2] - 可比销售额(包括自有、授权门店及在线市场)下降1.3% [2] - 未公布第三季度具体盈利数据 [2]
Macy's (M) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-11-21 23:20
Wall Street analysts expect Macy's (M) to post quarterly loss of $0.01 per share in its upcoming report, which indicates a year-over-year decline of 104.8%. Revenues are expected to be $4.72 billion, down 2.9% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company' ...
Myriad Uranium's Drilling at Copper Mountain Continues to Validate Historic Drill Results and Return High Grade Intercepts across the Canning Deposit
Newsfile· 2024-11-14 20:30
Myriad Uranium's Drilling at Copper Mountain Continues to Validate Historic Drill Results and Return High Grade Intercepts across the Canning DepositNovember 14, 2024 7:30 AM EST | Source: Myriad Uranium Corp.Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce further results of equivalent uranium (eU3O8) grades from drilling at the Copper Mountain Uranium Project in Wyomi ...
Macy's (M) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-11-02 06:50
Macy's (M) closed the most recent trading day at $15.27, moving -0.46% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.41%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 0.8%.Heading into today, shares of the department store operator had lost 0.2% over the past month, outpacing the Retail-Wholesale sector's loss of 1.22% and the S&P 500's loss of 0.97% in that time.Investors will be eagerly watching ...
Myriad Exercises Initial 50% Option on Copper Mountain
Newsfile· 2024-10-29 04:00
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company"), which holds an earnable 75% interest in the Copper Mountain Uranium Project in Wyoming, USA, is pleased to announce that it has exercised its option to acquire an initial 50% interest (subject to certain underlying NSR royalties - see the Company's management's discussion and analysis dated August 28, 2024 for further details) under the property option agr ...
Macy's: Slimming Down Its Store Base To Restore Growth
Seeking Alpha· 2024-10-25 21:51
We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Macy's (NYSE: M ) is attempting to improve its results by closing around 30% of its Macy's branded stores and rolling out a number of new initiatives in the go-forward stores.Aaron Chow, aka Elephant Analytics has 15 ...
Here's Why Macy's (M) Fell More Than Broader Market
ZACKS· 2024-10-23 06:56
In the latest trading session, Macy's (M) closed at $15.70, marking a -2% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.05%. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.18%.Heading into today, shares of the department store operator had gained 5.74% over the past month, outpacing the Retail-Wholesale sector's gain of 1.71% and the S&P 500's gain of 2.76% in that time.The investment community will be clos ...
Myriad Uranium's First Ten Boreholes at Copper Mountain Intercept High Grade Mineralisation, Provide Strong Validation of Historic Work
Newsfile· 2024-10-22 19:30
文章核心观点 - 公司初次钻探Copper Mountain铀矿项目,结果证实了历史勘探数据的可靠性,发现了高品位铀矿化 [2][3] - 钻探结果显示Canning矿区存在多个高品位铀矿区间,最高达8,060 ppm eU3O8 [2] - 公司认为这些初步结果令人鼓舞,有望进一步验证和扩大历史资源量 [5] 根据目录分别总结 钻探结果 - 钻探结果证实了历史数据的可靠性,发现了高品位铀矿化 [2][3] - 多个钻孔发现1,000 ppm以上的高品位铀矿区间,最高达8,060 ppm eU3O8 [2][3] - 每个钻孔都发现了大于200 ppm eU3O8的铀矿化,有利于未来采用原位浸出法开采 [4] 公司评论 - 公司对这些初步结果感到非常兴奋,认为有望进一步验证和扩大历史资源量 [5] - 公司的地质顾问也对这些结果表示认可和赞同 [5] 历史资源估算 - 公司提醒投资者不应过度依赖这些历史资源估算,因为需要进一步验证和更新 [15][16][17] - 历史资源估算存在一些局限性,如矿化类型和可靠性等 [16] - 公司需要进行数据数字化、重新钻探和分析等工作,才能将历史资源重新评估为现有资源 [17]