As Macy’s, Inc. (M) prepares to unveil its second-quarter fiscal 2024 earnings on Aug 21 before the opening bell, all eyes are on how the department store operator will perform amid ongoing economic shifts and consumer behavior changes.The Zacks Consensus Estimate for the to-be-reported quarter’s revenues is pegged at $5.1 billion, which suggests a marginal drop of 0.8% from the prior year’s level. Markedly, the rate of decline shows a deceleration from a 2.7% decrease witnessed in the preceding quarter. On ...

Earlier this year, Macy’s launched a restructuring initiative called “A Bold New Chapter,” aimed at reinvigorating the company and driving growth.The strategy focuses on strengthening the core Macy’s brand through store enhancements, expanded product offerings and cost reductions.A major theme of Macy’s overarching strategy is elevating the customer experience through a culture shift, which ties back to the company’s “A Bold New Chapter” strategy. The new framework is guiding Macy’s officials on how to repo ...

Some market indicators really don’t need much explanation to understand their logical deductions. One example is the dreaded death cross, a pattern that department store icon Macy’s (NYSE:M) is about to print. Ordinarily, such a glaring warning sign should convince investors to run. To be sure, the retailer is problematic. Still, options traders seem to be taking the contrarian route with Macy’s stock.Before we dive into the juicy details, let’s set the framework. The death cross simply describes the condit ...

Macy's (M) closed at $17.28 in the latest trading session, marking a -0.12% move from the prior day. This change lagged the S&P 500's daily gain of 1.08%. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 2.64%.The the stock of department store operator has fallen by 2.92% in the past month, lagging the Retail-Wholesale sector's loss of 1.42% and the S&P 500's loss of 0.44%.The investment community will be closely monitoring the performance of Macy's in it ...

Macy's (M) closed the most recent trading day at $17.30, moving +1.23% from the previous trading session. This change outpaced the S&P 500's 0.5% loss on the day. Meanwhile, the Dow gained 0.5%, and the Nasdaq, a tech-heavy index, lost 1.28%.Coming into today, shares of the department store operator had lost 6.36% in the past month. In that same time, the Retail-Wholesale sector lost 1.37%, while the S&P 500 gained 0.1%.The investment community will be paying close attention to the earnings performance of M ...

Vancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that Mr. Simon Clarke has been appointed as a director of the Company, effective immediately. Mr. Clarke brings over 25 years' experience building companies and implementing successful capital markets and growth strategies focused on mining, energy, and energy technology. Mr. Clarke is currently CEO and a director of American Lithium Corp ...

The performance of Macy's, Inc. (M) has been a roller coaster ride for the past month, with periods of increase followed by declines. On Jul 5, 2024, the stock jumped 9.5% amid reports that activist investor Arkhouse Management and partner Brigade Capital Management had sweetened their acquisition offer for the largest U.S. department store chain. However, this positive momentum was short-lived. On Jul 15, 2024, Macy's shares sharply declined 11.7% after the company announced the termination of discussions ...

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") announces that the Company has resolved to quit or relinquish, as appropriate, any interests it may hold in Niger, effective immediately. In connection with such resolution, Myriad has terminated its property option agreement dated as of August 17, 2022 with Loxcroft Resources Ltd., as optionor of the Niger properties referenced therein. Myriad's CEO Thomas Lam ...

The latest trading session saw Macy's (M) ending at $16.55, denoting a +1.1% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 1.08%. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.Shares of the department store operator witnessed a loss of 10.55% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.31% and the S&P 500's gain of 0.43%.Market participants will be closely following ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...