Year to date, shares in department store retailer Macy's (NYSE: M) have performed strongly, surging by nearly one-third.
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks ...
Sales rise at the 125 stores in Macy's 'Reimagine' network, as well as Bluemercury and Bloomingdale's locations. Macy's turned in its first positive quarter of same-store sales in about three years.
Macy's is still a huge company, but it's losing relevance in a shifting retail landscape. Sales continue to decline, and the profit margin is shrinking. Macy's stock is cheap, but its prospects don't ...
It wasn't that long ago that Macy's (NYSE: M) was something of a poster child for the retail apocalypse. The company was a supposedly stuck-in-the-past operator burdened with an outdated ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Macy’s, Inc. (NYSE:M) will release earnings results for the second quarter, before the opening bell on Wednesday, Sept. 3. Analysts expect the company to report quarterly earnings at 19 cents per ...
The company's CEO cited rising inventory levels and a markdown for clearing spring stock as the biggest hits to Macy's bottom line.
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." ...
Analysts are skeptical as to how much of Macy's first-quarter success can be attributed to its new strategies or an industry-wide improvement in consumer spending.