I went to the Clackamas Mall in Portland Saturday, Traffic was nuts, I got into the, the Mall and Macys Store to find people everywhere. I went back the next day shopping for Disney World Shoes. The Employee said they had the largest day in 6 months or longer on Saturday.
P
I dont understand why this is below $17 Mall is full folks are out shopping
J
When JPM had target $13, M already moved to $20+. Now JPM raised to $15, M will go to $22+!!! Sector leader Macy is a winner and will go much higher!!!
Bullish
j
macy's is the most organized and cleanest store you'll ever walk into .Some people have other comments and their motives are very questionable. Macy's is not going away no matter what some analysts say. The numbers don't lie and they are going to be big. all up from here.
Bullish
r
Way over done reaction... be back at $17 plus SOON!
Bullish
r
MACY's is a $20 plus STOCK!!!!!
Bullish
m
CEO Gennette made $11.1 million in 2020 a 7,5% rise from the previous year. His salary went down by $300,000 but he made up for it with a $7.5 million stock option. He sells the his M shares every five months for years on average. Who is worth $11.1 million? As revenue shrinks so should his salary.
m
I owned Bradlees (1995), K Mart (2001), Sears-K Mart (SHLD), JCP (2012-2015) and M (2017-present) as long and short. The pop corn fart PR by our CEO reminds me of the above mentioned desperate company's. Why didn't he mention the sale of the Seattle store for $480,000,000? This would have substance. Probably M has used the Amortization in EBITDA to their advantage for taxes over decades and now have to pay 28% on taxes and whatever WA State taxes are. I see he talks about in-store pick-up. There is only one M in SC and its a four hour drive to Greenville. Fayetteville, NC is my closest and I'm not driving 2 hours and 30 minutes to get there. He has large goals for 2023 in digital. All the above companies had large goals three years out. If M goes to $25 I'll be happy for Sally. A broken clock is right twice a day.
M
This is PANIC sell off ...once.weak hands are gone we should see $17 in a very short mins
E
I see that the shorts are still at it, trying to bill Macy's as a company in crisis, while nothing can be further from the truth. M's fall from over $20 was unjustified, and unexpected, but this is the way the stock market works, expect the unexpected. Buying and holding long term is the only way you win, it has always been the only way you win in the stock market.
a
There are 2 Mega distribution centers for Macys online sales for direct to customers and ship to store purchases . I have worked at the one located on the east coast since 2012. Since November 2020 we have had so much volume that we can’t keep up. The daily unit out bound unit goals has just shot through the roof. I’ve never seen anything like it They have hundreds of jobs openings right now and cant get them filled. The stock we back in the 52 $70 range after a couple mega quarters that we’re about to have coming up. I dont have to be the CFO to know this stock is dirt cheap.
Bullish
m
I love the popcorn fart PR by our CEO. A bright light in an uncertain world. He says nothing of facts and talks of vague forward looking statements. Why didn't he mention the sale of the Seattle Macys? They paid the most real estate taxes of any Seattle building. Was in the top three of any employer of people in Seattle. The loss of M revenue will be connected to the sale of this building. Ten floors of rentals generated millions in rent per year. The sale will get to our bottom line. How long can M cannibalize the real estate to fuel a broken Mall retailer. M is no AMZN.
M
Macy's is going up to $17+ possibly close to $18 by friday... mark my word!
Neutral
B
The lines are back at the checkout counter inside the Bloomingdales where I live in PA. Buy the dipper!
j
Hey, start paying a dividend to the common shareholder atgain.
Γ
No reason for kohls trading at 9 + billions and Macys at 5 billions. Going to 30's
Bullish
D
Macy’s is like Christmas
😃 Not going anywhere BUT UP each year
It’s Dividend time again
Bullish
D
Matthew says Macy's is on Cramer tonight. If so look for a bump up in M stock. Cramer will bring into focus how Macy's is evolving. He has turned a blind eye to this till now. Personally I thing it's all by design, let the big boys in then pump the stock. And I mean pump to $30 to $50 range. Consumers players will also get excited after this interview.
p
This stock has done absolutely nothing all day. Let me guess, it will drop even lower by close.
D
Interesting, this friday's chart looks just like last friday?
Mall is full folks are out shopping
😃 Not going anywhere BUT UP each year
It’s Dividend time again
Consumers players will also get excited after this interview.