M Stock Recent News

Macy's is scheduled to report earnings before Wednesday's open. The stock hit a record high $73.61/share in 2015 and is currently trading near $18.

Earnings season is slowly winding down to a halt, with a vast majority of companies already delivering their Q2 results.

Evaluate the expected performance of Macy's (M) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Macy's (M) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Vancouver, British Columbia--(Newsfile Corp. - August 13, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to confirm that it continues to raise funds under its previously announced non-brokered private placement financing (the "Financing") (see Myriad's news release dated June 12, 2024). Under the first tranche of the Financing, Myriad raised gross proceeds of $2,912,500 through the issuance of 11,650,000 units (each, a "Unit") at a price of $0.25 per Unit (see Myriad's news release dated June 25, 2024).

Macy's (M) continues to grapple with significant challenges in the retail sector, marked by evolving consumer behavior and economic headwinds that add to operational complexities.

Macy's recent announcement to close nearly 150 stores by early 2027 marks a pivotal moment for the US retail sector, reflecting the ongoing challenges faced by traditional brick-and-mortar stores in an increasingly digital world.  These closures represent about 25% of Macy's total gross square footage but contribute less than 10% of its overall sales.

Earlier this year, Macy's launched a restructuring initiative called “A Bold New Chapter,” aimed at reinvigorating the company and driving growth. The strategy focuses on strengthening the core Macy's brand through store enhancements, expanded product offerings and cost reductions.

Some market indicators really don't need much explanation to understand their logical deductions. One example is the dreaded death cross, a pattern that department store icon Macy's (NYSE: M ) is about to print.

Macy's (M) closed at $15.22 in the latest trading session, marking a -1.87% move from the prior day.