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Macy’s, Inc. (NYSE:M) shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth ...
Macy's has been struggling with flagging sales as consumers increasingly turn from physical retail to e-commerce. In Q2, its sales dropped 3.8% to $4.9 billion while same-store sales declined 4% ...
Macy's The retail chain reported net sales dropped 3.8% year over year to $4.9 billion, missing Wall Street expectations of $5.06 billion. Same-store sales also fell 4%.
Swartz believes fair value for Macy's is around $25 a share, still light years from its all-time high of $70 in mid-2015. The reason many on the Street think a deal for Macy's could be done around ...
Macy's (M) closed the most recent trading day at $19.58, moving -0.05% from the previous trading session. This change lagged the S&P 500's daily gain of 0.96%.
Shares of Macy's have dropped 20% year to date to $16 per share, far below the $24.80 per share buyout offer they rejected from Arkhouse and Brigade. The earnings rundown
The original proposal, made on Dec.1, would see the company go private for $21.00 per share, a 32% premium to Macy’s share price then. Now, another bidder may have entered the conversation.
In the latest trading session, Macy's (M) closed at $17.62, marking a +0.46% move from the previous day.