Macy's, Inc. (M)
Pre-market:
| Previous close | 19.49 |
| Open | 19.53 |
| Bid | 19.77 x 1200 |
| Ask | 19.90 x 2900 |
| Day's range | 19.04 - 19.67 |
| 52-week range | 10.54 - 22.10 |
| Volume | |
| Avg. volume | 6,944,774 |
| Market cap | 5.255B |
| Beta (5Y monthly) | 2.19 |
| PE ratio (TTM) | 50.26 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.69 (3.64%) |
| Ex-dividend date | 14 June 2024 |
| 1y target est | N/A |
- Yahoo Finance
Macy's beats lowly Q1 estimates, as it weighs a future between a turnaround or a buyout
Macy’s recorded another quarter of sales declines, but not as much as Wall Street feared.
- Associated Press Finance
Macy's tops expectations for the first quarter as luxury and beauty sales shine
Macy's sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. Macy's, which also operates upscale Bloomingdale's and Bluemercury beauty chains, reported earnings of $62 million, or 22 cents per share for the quarter ended May 4. Adjusted per share earnings were 27 cents, much better than the 16 cents that Wall Street was looking for, according to a survey by FactSet.
- Yahoo Finance Video
Lowe’s, Macy’s report, crypto surges: Yahoo Finance
A key week for the retail sector continues with reports from both Lowe’s (LOW) and Macy’s (M) this morning. Lowe’s earnings topped estimates, but sales did fall year-over-year. Macy’s earnings topped expectations but reported a decline in fiscal first-quarter sales. Crypto is jumping this morning amid renewed hopes the SEC could approve Ether ETFs. Ethereum (ETH-USD) surged the most, up nearly 20%, with Bitcoin (BTC-USD) and crypto-related stocks like Coinbase (COIN) and Robinhood (HOOD) seeing gains as well. Yahoo Finance trending tickers include Palo Alto Networks (PANW), Hims & Hers (HIMS), and Trump Media & Technology Group (DJT). Key guests include:9 a.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist9:45 a.m. ET - Andrew Page, Amer Sports CFO10:30 a.m. ET - Kate Shindle, Actors Equity Union President11:30 a.m. ET - Charlie Morrison, Salad and Go CEO
