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0.00017559262510971 0.00017559262510971 0.00263388937664616 0.0050921861281826 0.00702370500438979 0.00363827919227393 0.00526777875329231 0.00790166812993859
Stock impact report

Why Did Macy's, Inc. Shares Gain 13% in February? [The Motley Fool]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: The Motley Fool
The company looks to have stabilized its business. Daniel B. Kline ( TMFDankline ) Mar 9, 2018 at 11:43AM What happened Macy's ( NYSE:M ) may have found the formula it needs to survive the retail apocalypse . At least, that's what its fourth-quarter results suggest, which is happy news for the company and its investors. Fourth-quarter sales rose by 1.8% to $8.66 billion. Comparable sales on an owned basis climbed by 1.3% and rose 1.4% on an owned-plus-licensed basis. Earnings per share (EPS) also improved coming in at $4.31 up from $1.54 in the same period in 2016. Consumer spending was strong in the fourth quarter, and we were ready with improved execution and great products across all categories, said CEO Jeff Gennette in the earnings release. We were disciplined with our promotional cadence and maintained a good inventory position. We hea Show less Read more
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