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Leadership changes at Macy's: Thomas Edwards to join as CFO

Macy’s has unveiled significant changes to its executive leadership team and organisational structure including the appointment of Thomas J. Edwards as chief operating officer and chief financial officer, effective June 22, 2025. These organisational changes are aimed at supporting the company's "Bold New Chapter" strategy. Edwards, bringing...

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Macy’s expects non-performing stores to impact Q4 sales

Macy’s has reaffirmed its fourth-quarter financial expectations, forecasting adjusted diluted earnings per share to fall within the previously announced range of 1.40 dollars to 1.65 dollars. The company also anticipates net sales to be near the lower end of its prior guidance, ranging from 7.8 billion dollars to 8 billion dollars. In a trading...

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