Triple Moving Average Crossover
Previous Close | 16.02 |
Open | 16.15 |
Bid | 15.65 x 2900 |
Ask | 15.68 x 4000 |
Day's Range | 15.43 - 16.15 |
52 Week Range | 12.80 - 25.12 |
Volume | |
Avg. Volume | 12,689,922 |
Market Cap | 4.268B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 4.20 |
EPS (TTM) | 3.73 |
Earnings Date | Aug 21, 2023 - Aug 25, 2023 |
Forward Dividend & Yield | 0.66 (4.16%) |
Ex-Dividend Date | Jun 14, 2023 |
1y Target Est | 24.81 |
Nike broke up with retail partners to sell more of its products directly to consumers. DSW parent Designer Brands on Thursday said it would begin carrying a wider assortment of Nike products later this year. Macy’s said earlier this month that Nike apparel, bags and gear would return to its department stores in October.
A gulf in spending patterns between wealthy Americans and so-called "aspirational" shoppers is driving luxury retailers to search out new sources of revenue and, in some cases, to shift their merchandise strategies, several retailers said. Jewelry company Signet, which owns brands including Kay, Jared and Zales, was the latest retailer to link lagging sales to a downturn in spending by so-called "aspirational" customers, who occasionally purchase goods priced between $300 and $800, but are more sensitive to the cost of essentials. Signet noticed a sales decline in fashion jewelry priced below $5,000 in April, a trend that continued into June.
It looks like Macy's, Inc. ( NYSE:M ) is about to go ex-dividend in the next four days. The ex-dividend date is one...
e.l.f. Beauty and Macys are part of the Zacks Bull and Bear of the Day article.
Investors should look to take their lumps in this struggling retail name.
Nike products will return to Macy's later this year after the athletic shoemaker and department store giant reached a fresh wholesale agreement.
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.
NEW YORK, June 05, 2023--The nation’s biggest Independence Day party will fill the night sky with jaw-dropping sparkles as the 47th Annual Macy’s 4th of July Fireworks® caps off Independence Day with an explosive celebration! On Tuesday, July 4th at approximately 9:25 p.m., Macy’s will begin its signature pyrotechnic salute to America, featuring an array of dazzling shells and effects that will captivate spectators live in New York City and on television from sea to shining sea. This year’s reve
Retail is a tough industry and it's really fickle right now post covid pandemic. Macy's retail footprint has been similar to the likes of recently failed retailers like Sears, Kmart, Bed Bath and Beyond, but also similar to Target , who is considered a leader in the retail industry. The struggles Macy's is facing is multifaceted as it lost its wholesale partnership with Nike to sell the brand's apparel in 2021.
Macy's, Inc. ( NYSE:M ) will pay a dividend of $0.1654 on the 3rd of July. The dividend yield will be 4.3% based on...
Macy's, Dollar General slash outlooks on consumer spending weakness. Target fades further after downgrade. Nordstrom bounces on results.
Department store operator Macy's (NYSE: M) is having all sorts of trouble navigating a difficult economic environment. The good news is that Macy's is still turning a profit. Through improved inventory management and operational efficiencies, the retailer has managed to prevent its gross margin from dropping despite the tumbling sales.
Net sales and profit fell in the quarter ended April 29 as demand slowed for apparel and accessories.
The major stock indexes closed higher Thursday despite some disappointing news on the consumer from Macy's and Dollar General. On Friday, all eyes will be on the May jobs report. Economists are expecting 195,000 jobs were added last month.
As the pull back in consumer spending continues to impact retailers, the Yahoo Finance Live team takes a look at shares of Macy's, Dollar General, and Nordstrom. Shifting to the auto industry, EV maker Lucid's stock dropped after announcing a new stock offering. On the AI front, C3.ai shares plunged after the company issued a disappointing outlook.
Macy's (M) reports an earnings beat in first-quarter fiscal 2023. However, sales were soft due to a comparable sales decline of 7.9% on an owned basis.
M earnings call for the period ending March 31, 2023.
High inflation and economic uncertainty has led consumers to pull back on their spending. Forrester Research Retail Analyst Sucharita Kodali explains what the impact will be on retail stocks.
Macy's reported quarterly numbers Thursday morning and the stock price skidded lower. The On-Balance-Volume (OBV) line peaked and turned lower in early February signaling that sellers were now more aggressive than buyers. The Moving Average Convergence Divergence (MACD) oscillator is still below the zero line.
U.S. stock indexes rose by midday trading on Thursday as investors cheered passage of a bill by lawmakers to suspend the nation's debt ceiling amid bets that the Federal Reserve will skip raising interest rates in its next meeting. The bill to suspend the $31.4 trillion debt ceiling headed to the Senate, which must enact the measure before a Monday deadline, when the government is expected to run out of money to pay its bills.
Weak profit forecasts from department store chain Macy's to discounter Dollar General on Thursday underscored the fragile health of the U.S. consumer as persistent inflation curbs spending. Several U.S. retailers said sales have ebbed as consumers react to higher prices for food and other essentials. Broadly, U.S. consumer spending trends showed resilience in the face of high inflation, but big-ticket purchases suffered.
Cracker Barrel's (CBRL) fiscal third-quarter performance is likely to have benefited from its off-premise business model, bundled holiday offerings and optimized marketing strategy.
Academy Sports and Outdoors (ASO) first-quarter 2023 results are likely to reflect inflation and supply-chain disruptions.