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A portfolio of premium shopping centers, a focus on omnichannel retailing and developing mixed-use assets are likely to support Macerich (MAC) despite higher e-commerce adoption and high interest rates.
SANTA MONICA, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules First Quarter 2024 Earnings Release and Conference Call
Healthy retail demand, focus on mixed-use development and capital-recycling moves bode well for Macerich (MAC).
I was once a retail developer. But I never built a mall. However, I do have a wife and four daughters who love to shop, so maybe that makes me a mall expert.
Macerich: Q4 And Guidance Imply That Upside Is Exhausted
Macerich (MAC) witnesses year-over-year growth in occupancy and same-center NOI. However, the top line lags estimates.
The Macerich Company (MAC) Q4 2023 Earnings Call Transcript
The headline numbers for Macerich (MAC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Besides Wall Street's top -and-bottom-line estimates for Macerich (MAC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
A portfolio of premium shopping centers, focus on omni-channel retailing and developing mixed-use assest is likely to support Macerich (MAC) despite higher e-commerce adoption and high interest rates.