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2023-06-20 11:27:36 ET Summary Macy's stock has been upgraded to "Hold" as it is now fairly valued after its price fell below $16 per share. The company's stock price has declined more than 20% year-to-date, significantly underperforming the market. The stock is vulnerable to ...
2023-06-19 05:10:24 ET Summary Twenty-one retailers, each with over $5 billion in annual revenues, reported earnings in May for the quarter ended April 2023. They beat estimates by a strong 15.4% on average, yet stock analysts immediately dropped current quarter earnings estimates...
2023-06-17 08:15:00 ET In this podcast, Motley Fool host Dylan Lewis and senior analyst Bill Mann discuss: Motley Fool producer Ricky Mulvey talks with CNBC host Melissa Lee about the new documentary Making of the Meme King and why founding a company is much different than turning o...
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...
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 ...
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...
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...
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...
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...
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...
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Summer’s Greatest Hits continues with the refresh of Epic Threads, a stylish and versatile collection that takes kids from playground to parties and everything in between Macy’s Summer’s Greatest Hits celebrates back-to-school and with the relaunch of its beloved ...
2024-07-16 07:15:33 ET Retail sales in Colombia fell 1.7% year-on-year in May, marking the fifteenth consecutive month of decrease. This negative trend has accelerated from the previous month’s 1.6% dip. The protracted drop in retail sales reflects Colombia’s larger ec...
2024-07-15 12:25:45 ET Shares of iconic department store chain Macy's (NYSE: M) are down 13.3% as of 12:01 p.m. ET today, according to data from S&P Global Market Intelligence , as acquisition talks with a pair of potential suitors have ended with no deal being made. For man...