M News and Press, Macy's Inc From 08/22/23

2023-08-22 09:14:51 ET More on Macy's Macy's Stock Q2 Earnings Ahead: Trends, Tactics, And Takeaways Macy's: Greatly Undervalued, Extracting Value From Real Estate, Stock Buybacks And Potential Catalysts Macy's: Declining Sales A Concern But Not Worth Selling The Sto...

Four new stores will open as Macy's, giving customers curated selections in a fresh space with a new vibe Today, Macy's announced the locations of four new small-format stores scheduled to open in fall 2023. These openings mark the first expansion of its small-format locations into the ...

2023-08-22 06:57:39 ET Macy's press release ( NYSE: M ): Q2 Non-GAAP EPS of $0.26 beats by $0.12 . Revenue of $5.13B (-8.4% Y/Y) beats by $20M . Brick-and-mortar sales decreased 8% versus the second quarter of 2022. Digital sales decreased 10% versus the se...

Quarterly net sales, gross margin and SG&A better-than-expectations, contributing to Diluted EPS of $(0.08) and Adjusted Diluted EPS of $0.26 Merchandise inventories down 10% year-over-year reflecting the successful clearance of seasonal spring receipts Reaffirmed annual sales...

2023-08-21 11:33:59 ET More on Macy's Macy's Stock Q2 Earnings Ahead: Trends, Tactics, And Takeaways Macy's: Declining Sales A Concern But Not Worth Selling The Stock Over Seeking Alpha’s Quant Rating on Macy's Earnings data for Macy's Dividend...

The S&P 500 edged higher Monday as Wall Street tried to recover from another weekly decline. The Dow Jones Industrials descended 92.72 points to commence Monday trading at 34,407.94. The much-broader index regained 14.21 points to 4,383.92. The NASDAQ index rumbled upward 119.84 p...

2023-08-21 09:00:00 ET Summary Macy's upcoming earnings report offers an opportunity to evaluate its strategy and assess its growth measures. Real wage growth has emerged as a key macro factor, but concerns about inflation, energy costs, and student loans remain. Macy's has im...

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2023-08-16 04:32:42 ET Summary Unlike its closest two peers (Kohl’s and Nordstrom), Macy's stock has been trading down for some time and is currently greatly undervalued. M's real estate assets are likely worth more than its market cap, and unlocking value from these assets...