Companies that Amazon was smashing are fighting back [CNBC]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: CNBC
Patrick T. Fallon | Bloomberg | Getty Images Cashiers ring up customers at registers inside a Walmart location in Burbank, California. The retail stocks that have the most to lose from Amazon's success have shown signs of improvement, as the U.S. consumer is spending more and has benefited from tax cuts and job growth in recent months. Bespoke created an index of some 60 retail companies that were waging an uphill battle against Amazon and its online sales business. But don't write these companies off. The Death by Amazon index chopped higher after stocks sold off in February. Bespoke notes that Amazon, up some 60 percent this year so far, continues to see accelerating profits and is generating huge revenue. But as the consumer has picked up, so have Amazon's rivals. Walmart on Thursday was a case in point. Its stock jumped more than 9 percent, after reporting better-than-expected profit and sales, as well as the best comparable store
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News
- Macy's, Inc. (NYSE: M) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
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- I was happy in the UK and dead against moving to New York. When my partner was made redundant, it felt like our only option. [Business Insider]Business Insider
- Macy's Inc. Taps Abigail James as Chief DEI Officer [Yahoo! Finance]Yahoo! Finance
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