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Macy’s to Delay First-Quarter Earnings Report Due to COVID-19 Impact


Macy's (NYSE: M) normally reports its first-quarter earnings some time around the middle of May, but it just announced it would be delaying the report's release this year until July 1 due to the "significant business disruption" wrought by the COVID-19 pandemic.

The troubled department store retailer will, however, release some quarterly details at various intervals over the next few weeks while also participating in a "fireside chat" with an analyst from J.P. Morgan.

Image source: Macy's.

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Source Fool.com

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