Macy's, Inc. News
Which Stocks Gained Fair-Value Increases and Are Undervalued?
Morningstar took the stocks its analysts view as undervalued and screened for those with the largest fair-value increases.
Gap Stock Slides On CEO Sonia Syngal Exit, Muted Profit Margin Forecast
CEO Sonia Syngal will step down as CEO and the struggling casual apparel retailer said current quarter sales would continue to decline.
BlackRock Official Cites Difficult Path on Inflation
Consumer prices soared 8.6% in the 12 months through May, and many experts don’t see much improvement anytime soon.
Cathie Wood: I Erred On Inflation, But Recession is Here
Consumer prices soared 8.6% in the 12 months through May, a 40-year high.
Five Below Stock Slides As Retailer Echoes Target Margin Warning After Muted Sales Outlook
"The consumer continues to face a lot of hurdles, most recently being the formula shortage, which for families, it's got to be something that's front and center on their mind," said CEO Joel Anderson.
Target Stock Slips After Retailer Boosts Dividend Despite Margin Concerns
Just days after trimming its near-term margin forecast, Target said it will boost its quarterly dividend by 20%.
Walmart, Amazon, Home Depot Stock Slump As Target Signals Big Summer Discounts For Overstocked Retailers
Retailers are sitting on some of the highest levels of inventory in two years, while consumers are getting lashed by surging inflation. That could mean big summer discounts for cash-strapped shoppers.
Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel
"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.
Target Stock Slides As Discounts Clip Margins, Sharply Trim Q2 Earnings
"While these inventory actions put significant pressure on our near-term profitability, we're confident this was the right long-term decision," said CEO Brian Cornell.
Bed Bath & Beyond Stock Soars In Renewed Meme Rally, Cohen Options Bets
Renewed options bets from a key shareholder look to have powered a Reddit-fueled rally in Bed, Bath & Beyond shares that has added more than $1 billion to the group's market value over the past month.
Retail Sales Stall In July, But Core Spending Gains As Gas Prices Tumble
Core retail sales improved firmly in July, but the headline figure was essentially unchanged as gas prices tumbled from their June record highs.
Norwegian Embraces Something Royal Caribbean and Carnival Don't
Norwegian Cruise Line has decided that its future won't be the same as its present, and it's making some changes as it adds a new ship class.