Don't Be Fooled by Strong Holiday Sales -- Brick-and-Mortar Chains Are Still in Trouble [The Motley Fool]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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US:NYSE Investor Relations:
macysinc.com/ir
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Source: The Motley Fool
While it was a successful holiday season for the retail sector, the bullish rally could be short lived. Retail stocks have been riding high for the past couple months as bullish expectations for strong holiday sales have been confirmed. The SPDR S&P ETF ( NYSEMKT:XRT ) has jumped 15% over the last two months overcoming a slide for most of 2017, and holiday sales last month were resoundingly positive as the chart below shows. Company 2017 Holiday Comparable Sales Target ( NYSE:TGT ) 3.4% Macy's ( NYSE:M ) 1.0% J.C. Penney ( NYSE:JCP ) 3.4% Kohl's ( NYSE:KSS ) 6.9% Source: Company reports Kohl's was the star of the group above, but it wasn't the only retailer to see sales surge. At American Eagle Outfitters , comparable sales jumped 8.0%, and Five Below saw comps increase 6.7%. Clearly, it was a bumper holiday season for the industry as predictions of strong growth from Mastercard's ShopperTrak and
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News
- Macy's Warns Workers They May Be Fired If They Don't Return to the Office [BNN Bloomberg (Canada)]BNN Bloomberg
- Skura Style® Launches Skura Style x Eva Mendes, a New Collection Designed by Co-Owner Eva Mendes [Yahoo! Finance]Yahoo! Finance
- Say goodbye to Ruby Tuesday and Chili's. These are the hot new restaurants at the mall [Yahoo! Finance]Yahoo! Finance
- Say goodbye to Ruby Tuesday and Chili's. These are the hot new restaurants at the mall [CNN]CNN
- Say goodbye to Ruby Tuesday and Chili's. These are the hot new restaurants at the mall [CNN]CNN
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website