, but it later fell 1% midday after the company warned it could see impact from the escalating trade war between the U.S. and China. Macy's reported earnings per share of 44 cents on revenue of $5.504 billion. Wall Street was expecting earnings per share of 33 cents on revenue of $5.505 billion, according to Refinitiv. Same-store sales, a key metric for retailers, also surpassed analyst expectations.
— Salvatore Ferragamo surged 8% after the Italian luxury fashion company reported strong first-quarter sales. The company announced a 17.7% increase in revenues from retail channels in China. The company also reported net profit of 11 million euros.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Take-Two, StoneCo and Tencent MusicSee which stocks are posting big moves after the bell on Monday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Disney, Fox, Roku and moreSee which stocks are posting big moves after the bell on Wednesday, May 8. JoeVirgallito Roku is very overvalued. It could go up to 90 or go back to 40 at any whim.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Uber, Marriott, Viacom, Equifax, Zillow & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Disney, Intel, Etsy, Fox Corp, Costco, Novartis & moreSome of the names on the move ahead of the open. After that last report on drug commercials...what do I see? Drug ads. jimcramer
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Alibaba, Zillow Group, Biogen, McDonald's, Beyond Meat & moreThese are the stocks posting the largest moves before the bell. Get that white nationalist off your TV, you should be embarrassed! The situation is better the movie probe and the golden gate word do not show the indentity that is reversing the situation to compensate as if it. Can be calculated but various probe must be clearer in the direction of the nation mr_jettlife
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Disney, Teva Pharmaceuticals, Uber, Pinterest & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Volkswagen, Amazon, Facebook, CVS & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Uber, Apple, Lyft, Caterpillar & moreThese are the stocks posting the largest moves in midday trade. You forgot BitCoin... On purpose? Wrong. Take a look at GH
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Coca-Cola, Disney, Deckers Outdoor & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Tilray, Agilent and moreSee which stocks are posting big moves after the bell on Tuesday, May 14.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Teva Pharmaceutical, Boeing, Uber & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »