Should Macy's (M) Stock be in Your Portfolio Before Q2 Earnings?
Macy's(M) ZACKS·2024-08-13 23:46
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 ...