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Macy's October SSS +4.1%
Thursday, November 1, 2012 - 8:08am | 138Macy's, Inc. (NYSE: M) today reported total sales of $1.908 billion for the four weeks ended Oct. 27, 2012, an increase of 3.6 percent compared with total sales of $1.842 billion in the four weeks ended Oct. 29, 2011. On a same-store basis, Macy's, Inc. sales were up 4.1...
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Macy's Announces $500M Debt Tender Offer
Monday, October 29, 2012 - 10:07am | 134Macy's (NYSE: M) today announced that its wholly owned subsidiary, Macy's Retail Holdings, Inc., has commenced a cash tender offer (the “Tender Offer”) to purchase up to $500 million in aggregate principal amount of its outstanding Notes listed in the table below, in the order of priority shown in...
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Top 4 NYSE Stocks In The Department Stores Industry With The Highest Cash
Wednesday, October 17, 2012 - 3:05am | 125Below are the top department stores stocks on the NYSE in terms of cash. The TJX Companies (NYSE: TJX) had $1.80 billion in total cash and $786.18 million in total debt for the latest quarter. Macy's (NYSE: M) had $1.60 billion in total cash and $6.95 billion in total debt for the latest quarter...
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Macy's Same-Store Sales Up 2.5% in September
Thursday, October 4, 2012 - 8:01am | 304Macy's (NYSE: M) today reported total sales of $2.358 billion for the five weeks ended Sept. 29, 2012, an increase of 2.7 percent compared with total sales of $2.297 billion in the five weeks ended Oct. 1, 2011. On a same-store basis, Macy's, Inc. sales were up 2.5 percent in September 2012 as...
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Stocks To Watch For October 4, 2012
Thursday, October 4, 2012 - 2:06am | 248Some of the stocks that may grab investor focus today are: Wall Street expects International Speedway (NASDAQ: ISCA) to report its Q3 earnings at $0.08 per share on revenue of $127.35 million. International Speedway shares gained 0.53% to $28.60 in after-hours trading. Marriott International (...
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Macy's Says Will Hire 80k Seasonal Associates
Monday, October 1, 2012 - 9:03am | 149Macy's, Inc. (NYSE: M) today said it plans to hire approximately 80,000 seasonal associates for its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for the 2012 holiday season. The company's 2012 season hiring plan compares to...
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Finish Line, Macy's Announce Finish Line-branded Stores in 450 Macy's Locations
Friday, September 28, 2012 - 7:02am | 124Macy's, (NYSE: M) and The Finish Line (NASDAQ: FINL) today announced that Finish Line-branded athletic footwear shops will be opened in more than 450 Macy's department stores in the U.S. and online at macys.com. The rollout process for the 450+ locations, which will be...
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The Howard Hughes Corporation Announces Macy's Signs on as First Anchor Tenant at the Shops at Summerlin
Wednesday, September 19, 2012 - 5:21pm | 189The Howard Hughes Corporation (NYSE: HHC) and Macy's (NYSE: M) today announced that Macy's will serve as the first anchor for the Shops at Summerlin. The agreement confirms the restart of the highly-anticipated development in the heart of the acclaimed Summerlin master planned community. The Shops...
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Top 4 Stocks In The Department Stores Industry With The Highest EPS
Monday, August 27, 2012 - 1:26am | 124Below are the top department stores stocks on the NYSE and the NASDAQ in terms of earnings per share. The trailing-twelve-month earnings per share at Dillard's (NYSE: DDS) is $9.73. Dillard's profit margin for the same period is 7.59%. The trailing-twelve-month earnings per share at Kohl's (NYSE...
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Top 4 Stocks In The Department Stores Industry With The Lowest PEG Ratio
Thursday, August 16, 2012 - 4:29am | 108Below are the top department stores stocks on the NYSE and the NASDAQ in terms of PEG ratio. Macy's (NYSE: M) has a PEG ratio of 0.87. Macy's trailing-twelve-month revenue is $26.66 billion. Kohl's (NYSE: KSS) has a PEG ratio of 1.01. Kohl's had $600.00 million in total cash for the latest...
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US Stock Futures Down Ahead Of Economic Data, Earnings
Wednesday, August 8, 2012 - 6:11am | 450US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dropped 37 points to 13,082.00 and S&P 500 index futures fell 4.90 points to 1,392.10. Nasdaq 100 futures declined 3.75 points to 2,706.25. US stocks closed higher on Tuesday, with the Dow Jones Industrial...
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Earnings Scheduled For August 8, 2012
Wednesday, August 8, 2012 - 4:09am | 590HollyFrontier (NYSE: HFC) is expected to post its Q2 earnings at $2.26 per share on revenue of $5.15 billion. Almost Family (NASDAQ: AFAM) is estimated to report its Q2 EPS at $0.49 on revenue of $90.18 million. Macy's (NYSE: M) is expected to report its Q2 earnings at $0.64 per share on revenue...
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Stocks To Watch For August 8, 2012
Wednesday, August 8, 2012 - 3:39am | 172Some of the stocks that may grab investor focus today are: Wall Street expects Dish Network (NASDAQ: DISH) to report its Q2 earnings at $0.66 per share on revenue of $3.64 billion. Dish Network shares gained 0.56% to close at $30.67 yesterday. Priceline.com (NASDAQ: PCLN) issued weaker-than-...
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Macy's, Inc. Same-Store Sales up 1.2% in June
Thursday, July 5, 2012 - 8:02am | 250Macy's, Inc. (NYSE: M) today reported total sales of $2.412 billion for the five weeks ended June 30, 2012, an increase of 0.8 percent compared with total sales of $2.392 billion in the five weeks ended July 2, 2011. On a same-store basis, Macy's, Inc. sales were up 1.2 percent in June 2012 as...
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UPDATE: Citigroup Downgrades Macy's to Neutral on Slower Expected Growth
Wednesday, June 27, 2012 - 9:51am | 103Citigroup reduces its rating on Macy's (NYSE: M) from Buy to Neutral and reduces its price target from $49 to $37. Citigroup comments, "We are downgrading Macy's to Neutral from Buy and are lowering our target price to $37, down from $49 previously. We believe that Macy's fits well into our "...