The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Macy's cuts profit forecast, stocks plunge

Investors look to Ralph Lauren, Kohl's and Nordstrom for clues on retail industry's health

Published Thu, May 12, 2016 · 09:50 PM
Share this article.

New York

RETAIL and apparel investors are looking to the next crop of earnings for clues on the industry's health after a grim Macy's Inc forecast sent stocks into a tailspin.

Ralph Lauren Corp, Kohl's Corp and Nordstrom Inc are all reporting quarterly results on Thursday, giving shareholders some vital insights at a time when the state of the consumer economy is unclear.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here