I look for Macy's to announce, they Beat on Top and Bottom, they completed buying back shares, and now they are Raising the Dividend. ~~~ Mark this post!
Bullish
H
more shorting action before earnings release at end of may. Where are the buyers?
D
OK Guys, SPG, Simon Property beats and raises, plus increases dividend. Always a great preview one what Macy's earnings will be since they are the premium store and anchor in many of Simon properties. Good news in a bad market.
J
ok weak hands don't sell into this. Macy's numbers will be a solid beat. short sellers will get crushed next week.
Q
$23 and P/E of 5. If management isn’t close to buying back $2 billion worth of stock at this point then they deserve to be fired by the board.
D
AMZN vs Macy's I think we are going to see great earnings from M, unlike Amazon who relies on 3rd party seller for their inventory. Macy's was laser focused on inventory and sales. Also, if they were not doing well they would not be breaking ground on a half a Billion dollar fulfillment center on the East coast.
j
hope macy's is buying up these cheap shares .p/e will be in the three's before long
m
Earnings was may16, what the date change for
H
load up on $23-24 calls for next week and $25-26 calls for earnings week
Bullish
p
Sorts starting to cover....lets see how high this goes before earnings!
Q
Short interest in this keeps ticking up. Now over 15% again. This can squeeze hard. Management better be buying back shares hand over fist this quarter. There is no reason for them not to have bought back $1.5 billion worth of shares or more this quarter reducing float by about 25%. Good management is well-versed in operations and finance and they should be taking full advantage of the financial set up they’ve been gifted. If they did not take full advantage, the board should fire the CEO and CFO or otherwise shareholders should fire the board.
D
News on KSS, JCPennys owners offer to purchase KSS for 8.6B They know they can't fight the King of Retail Macy's without more stores! What they don't have is the Macy's Plan.
R
Macys site has been out. So that means no online biz. 😥
Bearish
B
Even if M earned half of what estimates are it would be a buy.
D
Risk on! Powell fear gone, earnings coming up. Strong consumer + Clarity from the Fed = Macy's Up.
C
The commander in sleep is responsible for it all
H
loaded up 5k shares at $23.80 on 2nd dip bounce. Markets should be bullish again after the fed rate hike
Bullish
E
You got to love a company that put out NO positive P.R. News… most recent was FOR NO REASON- SAYING that people will likely be spending their money traveling INSTEAD of shopping at Macy’s… MACY’s FOR SALE! (Did you hear that AMAZON???)
T
Welcome To Joe Bidens America. You asked for it. Now your getting it.
D
Anyone watching CNBC "Stock Draft" Macy's picked, toughing the 5 PE! Come on people wake up this stock is a sleeper. Same people spent years trashing this company and created a fake stigma around this retail giant. End of year this thing will be a $50 stock. Nice to have some publicity, the company does nothing to brag about itself, but I guess if you are buying your own stock you want to stay on the low down and keep picking it up at the 5 PE.
Good news in a bad market.
I think we are going to see great earnings from M, unlike Amazon who relies on 3rd party seller for their inventory. Macy's was laser focused on inventory and sales.
Also, if they were not doing well they would not be breaking ground on a half a Billion dollar fulfillment center on the East coast.
They know they can't fight the King of Retail Macy's without more stores!
What they don't have is the Macy's Plan.
Strong consumer + Clarity from the Fed = Macy's Up.
End of year this thing will be a $50 stock.
Nice to have some publicity, the company does nothing to brag about itself, but I guess if you are buying your own stock you want to stay on the low down and keep picking it up at the 5 PE.