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Macys Inc. (formerly Federated Department Stores)MCOMMENTAug 10, 2017Stock price when the opinion was issued
As of Jun 17, 2026. Market Open.
Before their recent report, shares were down 47% for the year, but the beat their numbers across the board, including earnings, though those numbers were not great. They've discounted their inventory like crazy until it's now manageable. Are positioned well for holiday shopping. Also, he has faith in the new CEO.
A tough space. She owned Kohl’s for a while, who are trying so hard to get people into their stores, which is really, really difficult. The whole group is trading at a 55% discount to the broader market.