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M News and Press, Macy's Inc From 06/13/23

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Company Name: Macy's Inc
Stock Symbol: M
Market: NYSE
Website: macysinc.com

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M - Apple's Impressive First Shot and a Messy Crypto Situation

2023-06-13 15:40:31 ET In this podcast, Motley Fool senior analysts Jason Moser and Matt Argersinger discuss: Motley Fool host Deidre Woollard speaks with Wall Street Journal reporter and author Katherine Clarke about the business of New York real estate and her new book, Billiona...

M - Best oversold stocks and worst crowded shorts from Citi's quant team

2023-06-10 18:55:00 ET The Citi quantitative team is still confident about its Oversold Strategy, despite a second stumble in returns this year. "Our systematic Oversold Strategy posted its second loss (-4%) this year in May, as the equity market is following more closely on the credit ...

M - Challenges Facing The Retail Sector And Top Ways To Invest

2023-06-09 12:14:55 ET Summary Shrinkage, unfavorable product mix, and poor weather were some of the most highly cited headwinds amongst those in the retail sector that have reported first-quarter results. The eventual restarting of student loan payments could add another hurdle f...

M - Q1 2023 U.S. Retail Scorecard - Update June 8, 2023

2023-06-08 14:50:00 ET Summary To date, 202 of the 204 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2023, representing 99% of the index. Luxury retailers saw healthy sales growth driven by international shoppers, while dollar stores focused on gr...

M - Stitch Fix: Priced For Disaster

2023-06-07 15:34:06 ET Summary Stitch Fix, Inc. reported mixed FQ3 numbers, though the company did beat expectations. The online personalized shopping service was cash flow positive despite the revenue dip. Stitch Fix stock is cheap, trading at only 0.1x EV/S targets, a big di...

M - Tracking David Tepper's Appaloosa Management Portfolio - Q1 2023 Update

2023-06-07 01:56:11 ET Summary David Tepper's 13F portfolio value increased to approximately $1.89B, with the number of holdings rising from 23 to 28. New stakes were established in FedEx Corp, Select Sector SPDR Financials, NVIDIA Corp, and Tesla Inc. The top five positions i...

M - Is Macy's an Excellent Stock to Buy Now?

2023-06-05 16:08:42 ET Fool.com contributor and finance professor Parkev Tatevosian reviews Macy's (NYSE: M) latest earnings and answers if long-term investors should buy the stock. *Stock prices used were the afternoon prices of June 3, 2023. The video was published on June 5...

M - Sky Full of Stars: The 47th Annual Macy's 4th of July Fireworks®, the Nation's Largest Independence Day Celebration, Creates a Spectacle in the Sky Above New York City

Launched from five barges positioned along the East River in Midtown, the 47 th annual pyrotechnic spectacular will enchant spectators with prime viewing in Brooklyn, Manhattan, and Queens The nation’s biggest Independence Day party will fill the night sky with jaw-dr...

M - Nike runs back into Macy's stores as rekindles wholesaler relationships

2023-06-05 06:33:48 ET One of the more interesting revelations from Macy's ( NYSE: M ) earnings report last week was the update that the department store operator will reintroduce Nike ( NKE ) in stores during October following an 18-month period of the two companies pulling apa...

M - A Conservative Strategy For Playing Macy's Already Low Valuation

2023-06-05 03:34:49 ET Summary Macy's stock is undervalued with a potential 50% upside after a 31.5% decline over the last three months. The company has improved cost efficiency, expanded its brands, and focused on personalized offers through technology. M's current valuation ...

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