25.92 0.00 (0.00%)
After hours: 7:59PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.83 - 27.19|
|52 Week Range||17.41 - 34.37|
|PE Ratio (TTM)||11.38|
|Forward Dividend & Yield||1.51 (5.74%)|
|1y Target Est||N/A|
U.S. retail sales rose for the fourth straight month in December, as people continued the shopping spree. But does the sector promises a safe bet for 2018?
Over the last month, growth of ETFs holding M is favorable, with net inflows of $17.76 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
Nearly 20% of Macy's income for fiscal 2017 will come from asset sale gains -- but that doesn't mean its profitability is unsustainable.
Macy’s Inc. (NYSE: M), which this month announced it will close its downtown Cincinnati store in March , is among 50 companies recognized by a national magazine for its diversity efforts. New York City-based Black Enterprise in collaboration with the Executive Leadership Council – the leading organization of black senior managers – released its annual listing of the 50 Best Companies for Diversity in its latest issue. Cincinnati-based Macy’s is one of two Ohio companies to make the list.
While it was a successful holiday season for the retail sector, the bullish rally could be short lived.
Like most of its department store peers, Nordstrom got comp sales growing again during the holiday period. Yet the company still isn't performing up to its full potential.
Rating Action: Moody's Downgrades Three and Affirms Four Classes of JPMCC 2004- LN2. Global Credit Research- 12 Jan 2018. Approximately $124.7 Million of Structured Securities Affected.
The Deal sits down with Madison International Realty's Ronald Dickerman to discuss the changing face of retail and the company's recent $1 billion-plus acquisition of real estate surrounding Brooklyn's ...
Macy’s has shuddered three stores in California, resulting in hundreds of layoffs, part of a brick-and-mortar reorganization.
Macy's (M) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
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The Zacks Analyst Blog Highlights: Macy???s, Target, SS&C Technologies, Intuitive Surgical and Brighthouse Financial
Kohl’s Corporation (NYSE:KSS) is riding high after a successful Christmas shopping season. KSS stock recovered from the fear of an Amazon.com, Inc. (NASDAQ:AMZN) takeover that swept the entire retail industry. In my view, both the time of year and the recent run-up indicate Kohl’s stock is due for a pause in the near term.
Target’s (TGT) sales for the key holiday season exceeded expectations. It reported a 3.4% rise in comparable-store sales (or comps) for the combined November-December 2017 period compared to its earlier estimate of 0%–2% growth. Target’s sales remained positive across all its core product categories, including Apparel, Home, Food & Beverage, Essentials, and Hardlines.
The New Year has been dominated by cryptocurrencies and blockchain technology, with unlikely companies such as Kodak (KODK) jumping on the bandwagon after announcing its new KODAKCoin and KODAKOne platform.
Retailers had a great holiday season in 2017 with a 4.9% YoY (year-over-year) jump in holiday sales (excluding automobiles) between November 1 and December 24, 2017, according to MasterCard SpendingPulse. Holiday sales recorded the highest year-over-year increase in sales since 2011. Sales numbers outperformed the National Retail Federation’s projection of a 3.6%–4% jump (excluding automobiles, gasoline, and restaurants) and eMarketer’s forecast of a 3.1% rise.
Shares of several major U.S. retail chains surged on Wednesday, including Sears (SHLD), Macy's (M), Kohl's (KSS) and Target (TGT).