Macy's, Inc.

-$0.30 (-4.4%)
Closing price October 27, 2020
24/7 Wall St. has tracked a group of companies that have simply refused to participate in the stock market upside.
There was hope that a decline in new COVID-19 cases and an "opening" of the economy would make a difference, but retail traffic has not improved in the past two months.
Macy's reported second-quarter results Wednesday morning that were weak but considerably above analysts' expectations.
24/7 Wall St. has previewed some of the key companies expected to report results this week, including Broadcom, Macy's and Zoom Video.
It would be a mistake to believe that the shoring up of Macy's balance sheet will ensure it can make it through the pandemic. It must have at least some store sales to keep it alive
Lord & Tayor and Tailored Brands just filed for bankruptcy, adding two to the number of traditional retailers that could not make it financially this year.
Ascena Retail went under financially and took with it 20,000 jobs. Did cause this or did the pandemic?
Wednesday's top analyst upgrades and downgrades included AGCO, Coca-Cola, Fannie Mae, FirstEnergy, JPMorgan, Macy's, Owens & Minor, PayPal, Snap, Square and Wells Fargo.
FedEx, Macy's, Micron Technology and others are scheduled to share their most recent quarter results this week. Here's what to expect.
Macy's will cut 3,900 jobs as part of a cost-cutting effort. Its CEO made 461 times the median compensation of his workers last year.
A number of U.S. cities have been hit with protests, some of which have turned violent. Retail locations in these places face damage.
Macy's has announced preliminary revenue and operating loss estimates for the first quarter. Things could get a lot worse faster now.
Macy’s is scheduled to release its fiscal first-quarter financial results before the markets open on Thursday. Analysts and investors expect this report to show just how distressed the company is...
There was little doubt that J.C. Penney would file for bankruptcy protection. Its reorganization plan is mainly about the real estate. The retailer expects to close 200 stores this year and more next...
24/7 Wall St. previews Home Depot, Target, Walmart and some of the other key companies reporting this coming week.