Latest news with #Macy
Yahoo
a day ago
- Business
- Yahoo
Macy's beats on earnings but cuts 2025 guidance because of tariffs
Macy's gave Wall Street a masterclass in mixed signals on Wednesday: The department store chain beat first-quarter earnings expectations — then cut its full-year profit forecast, citing tariff pressures and cautious consumer spending related to the U.S. trade war. The retailer reported adjusted earnings per share (EPS) of $0.16, a penny ahead of analyst forecasts. Revenue came in at $4.6 billion, topping Wall Street's $4.42 billion estimate. But in a retail environment where companies are already walking a tightrope between inflation-wary shoppers and margin-squeezing costs, Macy's earnings have seemingly made one thing clear: You can put a price on geopolitical uncertainty. The company now expects adjusted EPS for the year to fall between $1.60 and $2.00, down from its earlier range of $2.05 to $2.25. Shares fell almost 4% by 10 a.m. ET. They had been up about 4% in premarket trading. The Trump administration's tariffs, particularly those on apparel and accessories from Asia, are rewriting the math behind Macy's bottom line. Chairman and CEO Tony Spring addressed the issue on the company's earnings call, emphasizing Macy's efforts to adapt. 'We are confident that we can continue to diversify countries of origin for both our private and national brands,' Spring said. 'With the recent announcement of these tariffs, we've renegotiated orders with suppliers. We've canceled or delayed orders where the value proposition is just not where it needs to be.' Spring added that Macy's currently has 'a good handle on the tariff-related costs' but said the situation is 'constantly changing.' Several major retailers are flashing warning signs as tariffs and economic uncertainty cloud the outlook for 2025. Target (TGT) reported a steeper-than-expected sales decline in the first quarter and expects sales to fall throughout the year. Walmart, meanwhile, has already raised prices (drawing President Donald Trump's ire) and expects to raise them again during the back-to-school season. And both American Eagle (AEO) and Ross Stores (ROST) have pulled their full-year guidance, citing macroeconomic volatility. Meanwhile, not all parts of Macy's business have been equally successful. High-end Bloomingdale's and cosmetics company Bluemercury (M) both posted growth in comparable sales, suggesting that more affluent shoppers remain resilient, but the flagship Macy's brand saw a 2% dip in comparable sales as its core middle-income customers pulled back. 'We continued to execute against our Bold New Chapter strategy during the quarter, scaling key initiatives that improved our customer experience and contributed to stronger than expected performance across all three of our nameplates,' Spring said in the earnings report. 'Our first quarter results give us confidence that we have the right strategy and team in place to navigate the current environment while we continue to invest in our customer on the path to returning Macy's, Inc. to sustainable profitable growth.' For the latest news, Facebook, Twitter and Instagram. Sign in to access your portfolio
Wales Online
09-05-2025
- Wales Online
Police appeal as two teenagers go missing
Police appeal as two teenagers go missing Jack, 15, and Macy, 14 are both missing from Cardiff Jack, 15, and Macy, 14 are both missing (Image: South Wales Police ) Police are appealing for information after two Cardiff teens have been reported missing. Jack, 15, and Macy, 14, were last seen on Friday morning (May 9) and are believed to be together. Jack is from Llandaff North and was last seen leaving his home address at 10am on Friday. Macy is from Caerau and was last seen leaving her home address, also at 10am on Friday. Anyone who has seen the pair or has information about Macy are urged to contact officers from South Wales Police. Officers have released a description of Jack and Macy to help locate them. Jack was last seen wearing a blue/green tracksuit with a black North Face gilet. Macy was last seen wearing blue patterned pyjama bottoms with a blue cropped top. Anyone who has seen Jack or Macy, or has any information on their whereabouts is asked to contact South Wales Police by one of the following means quoting 2500145690 or 2500146032. Never miss a Cardiff story by signing up to our daily newsletter here The force can be contacted via its live chat platform by clicking here or via an online form by clicking here. You can also call 101. Alternatively information can also be given via Crimestoppers anonymously on 0800 555 111 or its online form by clicking here. Article continues below Always call 999 in an emergency. Get daily breaking news updates on your phone by joining our WhatsApp community here. We occasionally treat members to special offers, promotions and ads from us and our partners. See our Privacy Notice.
CNET
05-05-2025
- CNET
Microsoft Hangs Up on Skype: Iconic App Shuts Down After 23 Years
Macy Meyer Writer II Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics, including home security, fitness and nutrition, smart home tech and more. In each article, Macy helps readers get the most out of their home, tech and wellness. When Macy isn't writing, she's volunteering, traveling, walking her dog, Holden, or watching sports.
Yahoo
02-05-2025
- General
- Yahoo
Physical education teacher who inspires her students is Wake's top educator
An elementary school teacher who inspires her students to be physically active has been named the top educator in Wake County. Macy Brinson, the physical education teacher at Kingswood Elementary School in Cary, was named the 2025 Wake County Teacher of the Year at a ceremony Thursday night. Brinson has only been a teacher for six years, but she's already being recognized for her leadership skills and ability to motivate her students. 'Macy is so dedicated to her program and her students and takes great pride and ownership in all the tasks she undertakes,' Sherry Schliesser, the principal of Kingswood, said in a news release. 'She delivers high quality and relevant instruction for each grade level every day of the school year. She also knows all the students by name and is often seen having conversations with students around the building.' Brinson, who is from Emerald Isle, was a North Carolina Teaching Fellow Scholar, a program that helps pay the college costs for students who agree to become teachers. She got a bachelor's degree in exercise sports science at Meredith College and a master's degree in kinesiology from the University of North Georgia. During her acceptance speech, Brinson credited her mother as being her role model. Brinson said her mother, who teaches second grade, has been a teacher for 32 years. 'Over 32 years of teaching, you can imagine that I spent a considerable amount of time in her classroom,' Brinson said. 'She made me wait until the end of her classes. I would pretend to be the teacher. But I wouldn't just pretend to be any teacher. I would pretend to be her.' Brinson has taught for the last four years at Kingswood, where she received an Excellence in Teaching Award in 2023 from the Cary Chamber of Commerce. 'Within each lesson, I empower the students to have a voice and choice in their learning by allowing them to select from a variety of equipment options and by not imposing a single way to perform a skill,' Brinson wrote in her Teacher of the Year portfolio. 'This empowerment in their learning journey helps students discover their strengths, talents, and weaknesses and assess what materials or techniques will lead to their success.' Wake said Brinson's approach is aligned with Kingswood's Montessori magnet theme, which emphasizes the importance of student choice in education. In addition to teaching, Brinson leads a running club for students in the fall and spring, which culminates in students and parents running a 5K race to benefit a community organization. She also organizes the school's annual Walk to School day to promote safety and family engagement, as well as the school's annual Kids Heart Challenge campaign to support the American Heart Association. Brinson was also recognized as being a champion for learners with special needs. She travels with her students to cheer them on as they compete in the Special Olympics each year. 'Macy crafts lessons that are not only engaging, but also thoughtfully adapted to meet the needs of all my learners,' Kim Eason, a special education teacher at Kingswood, said in a news release. 'She fosters a supportive and close environment where all students are encouraged to participate. 'Her dedication to making sure no child is left behind combined with her ability to bring out the potential in each student exemplifies what it means to be a truly exceptional teacher.' Brinson said she will use her new platform as Teacher of the Year to advocate for teacher recruitment and retention by supporting professional development and promoting respect for the profession. 'When we invest in teachers, we invest in every teacher that they touch,' Brinson told the crowd of fellow educators at the award ceremony. Brinson gave her colleagues some advice before they return to their classrooms on Friday. She said they need to find time to take care of themselves. 'We pour our energy, our creativity, passion, and, most importantly, our heart, into our students every single day,' Brinson said. 'But the truth is that you can't work from an empty cup. I learned over the past two years that taking time for yourself is not selfish, it's necessary.' Brinson was chosen among the Teacher of the Year winners for each individual school. The list was whittled to 10 finalists: ▪ Maureen Bard, a third-grade teacher at Lead Mine Elementary in Raleigh ▪ Brandy Garrett, a third-grade teacher at Millbrook Elementary in Raleigh ▪ Lauri Gasell, a seventh-grade math teacher at Davis Drive Middle in Cary ▪ Trevor Harris, a sixth-grade science teacher at North Garner Middle ▪ Rebekah Hower, an art teacher at Oberlin Middle in Raleigh ▪ Laurie Newhouse, a second-grade teacher at Woods Creek Elementary in Apex ▪ Ashley Parmley, a seventh-grade math teacher at Mills Park Middle in Cary ▪ Matthew Raines, a theater arts teacher at Knightdale High ▪ Allison Tonelli, a special education cross categorical resource program teacher at Hunter Elementary in Raleigh Brinson's prize package includes a $1,000 check. Brinson also gets use of a 2025 Chevrolet Traverse, courtesy of Capital Chevrolet, for the next year. Brinson will go on to compete in North Carolina's Teacher of the Year program
Daily Mail
01-05-2025
- Entertainment
- Daily Mail
Multimillion-record-selling artist is unrecognizable bargain hunting in LA... can you guess who she is?
A multimillion-record-selling artist was unrecognizable when she was glimpsed bargain hunting in Los Angeles this week. The R&B songstress, who was a childhood schoolmate of the future Marilyn Manson, shot to fame in 1999 with a smash hit single that also netted her a Grammy. She has earned a total of five Grammy nods and sold more than 25 million records, collaborating with artists ranging from Natalie Cole to Justin Timberlake. Although her onstage persona recalls the megawatt glamour of a past era, she was the image of the casual shopper on West Hollywood's Melrose Avenue on Thursday. In a comfy ensemble including cutoff sweats and a hoodie, the 57-year-old was glimpsed selecting clothes from the rack at an outdoor stall. Can you guess who she is? She is none other than Macy Gray, whose 1999 single I Try catapulted her to stardom and became a galloping international smash. Macy, who was born Natalie McIntyre in Ohio and picked her stage name off a mailbox she saw as a child, appeared in bright spirits when she was seen Thursday. Her outfit included a set of retro red Converse sneakers, plus a textured black cap and a pair of blue shades that gleamed in the sunshine. Macy's shopping excursion appeared to have been a success, as she was seen with several items slung over one of her arms at the clothes stall. Since becoming a celebrity at the turn of the century, Macy has released 10 solo studio albums and a number of hit singles like When I See You. She has worked with artists ranging from Jeff Beck to Ariana Grande, as well as Fatboy Slim, Erykah Badu, Fergie, and Dolly Parton, and she was even included on a remix of a song by the late Afropop legend Fela Kuti. Her music has been featured in projects as varied as the acclaimed movie 8 Mile and an episode of Ugly Betty, and she has acted in films like Training Day and the first instalment of the Spider-Man trilogy starring Tobey Maguire. Macy's career has not been without controversy, such as when she was booed for forgetting the lyrics to The Star-Spangled Banner while singing at an NFL game, or when she narrowly avoided arrest for swearing onstage in Barbados. Macy, who was born Natalie McIntyre in Ohio and picked her stage name off a mailbox she saw as a child, appeared in bright spirits when she was seen Thursday Her shopping excursion appeared to have been a success, as she was seen with several items slung over one of her forearms at the clothes stall About a decade ago, Macy appeared on a Where Are They Now? special hosted by Oprah Winfrey and laid bare her history of substance abuse. 'My drug use started as a result of being on tour,' she explained. 'My crew was from England. All they did was smoke hash all day, and they knew where to get the good ecstasy. So, you start playing with stuff, and then, suddenly, it's like a crutch.' Ultimately, she gave up her substance habits after looking in the mirror and seeing the effect her hard living was having on her looks, she shared. She appeared on The Masked Singer this year, and next Monday she will launch a tour celebrating the 25th anniversary of her debut album On How Life Is. Macy recently revealed that she is preparing to release her first solo album in seven years, hinting she could make a surprise appearance at Glastonbury. 'We're probably going to drop a record when we're in the UK,' she explained to The Sun, noting she will be stopping in Britain on tour.
