The Market Is Completely Wrong About Macy's [Seeking Alpha]
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: Seeking Alpha
The Market Is Completely Wrong About Macy's Summary Macy's is not a dying retailer, yet it is priced significantly below liquidation value. Bluemercury is a wonderful growth story that gets almost no recognition from investors. Macy's 7% dividend puts a huge floor underneath the stock. Macy's ( OTCPK:SHLDQ About that "dying retailer" thesis According to the old saying on Wall Street, "if you're not growing, you're dying." Macy's reported earnings last week While earnings indeed came in far ahead of analysts' consensus estimates, for anyone looking for something exciting, this was about as boring as you could get, and Macy's is now trading roughly in line with where it was before earnings were released, making the earnings report feel like a non-event. Macy's trades for about six times earnings, a valuation at which it doesn't even need to grow to justify. Investors have little interest in the stock, in my opinion because of the lack of excitement, the lack of growth, and because of th
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M
News
- 5 best beauty brands the stars wore at the Met Gala 2024 [USA TODAY]USA TODAY
- Guggenheim Gauges Lender Interest for Macy's Buyout Financing [BNN Bloomberg (Canada)]BNN Bloomberg
- Guggenheim Gauges Lender Interest for Macy's Buyout Financing [Yahoo! Finance]Yahoo! Finance
- Yasir Anwar Named Chief Technology Officer At Inspire Brands [Forbes]Forbes
- Macy’s, Inc. to Report First Quarter 2024 Results on May 21, 2024Business Wire
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