|Bid||16.88 x 800|
|Ask||16.89 x 1300|
|Day's Range||16.68 - 17.09|
|52 Week Range||14.11 - 26.48|
|Beta (5Y Monthly)||0.65|
|PE Ratio (TTM)||5.46|
|Earnings Date||Feb 24, 2020|
|Forward Dividend & Yield||1.51 (8.80%)|
|Ex-Dividend Date||Dec 10, 2019|
|1y Target Est||15.65|
Today Zola, the ultimate one-stop-site for couples getting married, and Macy's, America's store for life, launched a wedding registry partnership. Engaged couples can now register for over 2,000 of Macy's private brand and exclusive gifts across bedding, bath, tabletop, and home, directly on Zola. The integration of Macy's most popular brands into Zola's expansive assortment of 100,000+ gifts, gift cards and cash funds will make it easier than ever for couples to register for everything all in one place, all on Zola.
It's the last portion of the building to sell to Starwood Capital Group, bringing the total paid for the full-block property to $183.7 million.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Retail, which continues to see declines in both jobs and storefronts due to the rise of online shopping and other factors, is poised to have more losses in 2020. Major national retailers closing stores in the area include: Macy’s Inc. (NYSE: M) will close its Seminole Towne Center location in Sanford. American Eagle Outfitters (NYSE: AEO) will close its Seminole Towne Center store.
The company’s new CEO, Hal Lawton, will host his first earnings call with investors on Jan. 30. If all goes well, the stock could jump.
Higher freight costs and any deleverage in SG&A rate are likely to get reflected in Tuesday Morning's (TUES) margins in second-quarter fiscal 2020.
Tractor Supply's (TSCO) fourth-quarter 2019 performance is likely to have benefited from ONETractor initiative, store growth efforts, inventory management and an improved loyalty program.
The clock is ticking for department stores like Macy’s Inc. and J.C. Penney Co. Inc., according to Sucharita Kodali, retail analyst at Forrester.
These stocks have low price-to-earnings valuations relative to the S&P 500 that also appear likely to continue raising their dividend payouts more quickly than the broad market.
The proposal would completely repurpose the Union Square icon into a mix of residential, office and retail uses.
A sturdy labor market, rising income and improving confidence certainly encouraged consumers to spend more. While bargain hunters did hit the streets, enthusiasm for online shopping was palpable.
The 2019 holiday season mirrors gains from increased investments and opportunities in the retail sector. The online channel continues to be the preferred shopping medium for customers.
Savvy investors know chasing dividend yield is dangerous. And those that tried to do it anyway with some S&P; 500 stocks learned why not to, yet again.
Rating Action: Moody's affirms eight classes of MSBAM 2016- C30. Global Credit Research- 16 Jan 2020. Approximately $681 million of structured securities affected.
U.S. holiday sales rose 4.1% in 2019 from a year earlier, as steady wage and jobs growth encouraged shoppers to splurge on groceries, beverages and furniture, the National Retail Federation (NRF) said https://bit.ly/2tqKJRv on Thursday. The U.S. retail group said holiday sales, excluding automobile dealers, gasoline stations and restaurants, rose to $730.2 billion, largely above the midpoint of its forecast of 3.8% to 4.2% growth, and up from a modest 2.1% growth last year. "This was a healthy holiday season, especially compared with the decline in retail sales we saw at the end of the season in 2018," NRF Chief Economist Jack Kleinhenz said, noting that trade policy turmoil, a government shutdown and financial market volatility took a toll on the industry.
Cincinnati-based retailer Macy's Inc. has unveiled a new wellness focus for the latest iteration of Story, an experiential retail concept it acquired in 2018.
Soft sales across key seasonal merchandise categories hurt Target's (TGT) holiday sales. The company now expects fourth-quarter comparable sales to rise in line with its November/December performance.
STORY at Macy’s, the ever-changing, narrative-driven retail concept inside 36 Macy’s stores nationwide, unveils its latest theme: "Feel Good." Starting today through April 2020, Feel Good STORY brings a fresh focus on wellness and uses merchandise curation and events to explore simple and actionable ways for customers to find greater balance, energy and nourishment. In partnership with the award-winning fitness and wellness media platform, Well+Good, Feel Good STORY leverages its expertise in the field to help define and demystify what it means to live a healthy life through both editorial tips and product picks.
Target’s stock fell 7% after the retailer said it was challenged in key holiday season categories, like electronics and home.
Lululemon Athletica Inc. bucked the weak trend in the retail sector reflected in the first pre-announcements from the holiday season, reporting strong sales and raising its guidance. The yoga-pants producer said it now expects revenue to range from $1.37 billion to $1.38 billion and earnings per share to range from $2.22 to $2.25. Lululemon stock is up 4.5% for the week to date, and has soared 73% over the last year to outperform major benchmarks.
Retail sales increased 0.3% in December for the third straight month in a row. Moody’s VP & Senior Credit Officer Mickey Chadha joins Yahoo Finance’s Seana Smith on The Ticker to discuss.