Cramer Remix: It’s time to buy Macy's stock [CNBC]
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: CNBC
show chapters CNBC's Jim Cramer thinks Macy's new CEO Jeff Gennette has more than a fighting chance to bring his retailer back in style. In the end, we need Macy's to raise its earnings forecast and pay down even more debt if its stock's going to have a sustainable run back to $30, the Mad Money host said. That may be too much to ask of a single executive like Mr. Gennette, but I wouldn't be surprised if he can pull off something like it. With Gennette already making seemingly positive changes company-wide, from cleaning up the department stores for the holidays to picking winning styles, Cramer's opinion has on Macy's certainly improved. While Macy's omni-channel strategy will always be hobbled by the company's mall-based stores — where it's too difficult for them to do 'buy online, pick up in person' in that much of a voluminous manner because of the parking concerns — the merchandising and the stores themselves remain a heck of a lot more att
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M
News
- Macy's: Still Looking For A Bigger Bid [Seeking Alpha]Seeking Alpha
- Macy's, Inc. (NYSE: M) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Macy's slashes job pledge, ups investment for $640M Rowan County distribution center [Yahoo! Finance]Yahoo! Finance
- Romance scammers turn victims into "money mules," creating a legal minefield for investigators [CBS News]CBS News
- 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
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