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Macy's, Inc.

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Shares of Macy’s have surged and outpaced the industry in the past six months, courtesy to slew of measures undertaken to adapt to the dynamic retail landscape. The company remains focused on price, merchandising, private label brands, technology and omnichannel capabilities. These efforts aided the company to post impressive second-quarter fiscal 2018 results, wherein the bottom line beat the consensus estimate and grew year over year. Management highlighted that upbeat performance across Macy’s, Bloomingdale’s and Bluemercury brands favorably impacted the results. However, net sales fell short of the consensus mark and slid year over year. But this did not deter management from lifting sales and earnings view for full year on the back of strategic efforts, solid execution and higher consumer spending environment. Nonetheless, analysts pointed that strategic investments in long term endeavors may put pressure on margins.


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