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Stock impact report

Department Store Stocks Q4 Earnings Review: Dillard's (NYSE:DDS) Shines [Yahoo! Finance]

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: Yahoo! Finance
Department stores emerged in the 19th century to provide customers with a wide variety of merchandise under one roof, offering a convenient and luxurious shopping experience. They played an important role in the history of American retail and urbanization, and prior to department stores, retailers tended to sell narrow specialty and niche items. But what was once new is now old, and department stores are somewhat considered a relic of the past. They are being attacked from multiple angles–stagnant foot traffic at malls where they've served as anchors; more nimble off-price and fast-fashion retailers; and e-commerce-first competitors not burdened by large physical footprints. The 4 department store stocks we track reported a satisfactory Q4. As a group, revenues beat analysts' consensus estimates by 0.6%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 20% since the latest earnings results. With stores located largely in the So Show less Read more
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