Macy's(M)

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Macy's (M) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-05-13 22:50
Macy's (M) closed at $12.42 in the latest trading session, marking a +0.65% move from the prior day. This change lagged the S&P 500's 0.73% gain on the day. Meanwhile, the Dow experienced a drop of 0.64%, and the technology-dominated Nasdaq saw an increase of 1.61%.Coming into today, shares of the department store operator had gained 9.01% in the past month. In that same time, the Retail-Wholesale sector gained 9.91%, while the S&P 500 gained 9.07%.The investment community will be closely monitoring the per ...
Myriad Uranium Reports Chemical Assays from Eight More Boreholes at Copper Mountain. Assays Continue to Be up to 50% Higher than Probe Grades Previously Reported.
Newsfile· 2025-04-29 11:30
Myriad Uranium Reports Chemical Assays from Eight More Boreholes at Copper Mountain. Assays Continue to Be up to 50% Higher than Probe Grades Previously Reported.April 29, 2025 7:30 AM EDT | Source: Myriad Uranium Corp.Vancouver, British Columbia--(Newsfile Corp. - April 29, 2025) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce further results of chemical assay (U3O8) grades from 8 boreholes drilled in late 2024 at the Copper Mountai ...
Macy's: An Undervalued Hidden Asset Play
Seeking Alpha· 2025-04-28 08:36
Group 1 - The article discusses Macy's, Inc. and its "Bold New Chapter" strategy, which was previously analyzed six months ago with a hold rating [1] - The author aims to identify a company's intrinsic value and find solid companies trading at a steep discount, drawing inspiration from George Soros [1] Group 2 - The author has a background in Philosophy with degrees from UCLA and the University of Oklahoma, and plans to pursue an MBA in Business with a focus on finance [1]
Macy's (M) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-04-23 22:55
Macy's (M) closed at $10.80 in the latest trading session, marking a -0.28% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.67%. At the same time, the Dow added 1.07%, and the tech-heavy Nasdaq gained 2.5%.The the stock of department store operator has fallen by 20.25% in the past month, lagging the Retail-Wholesale sector's loss of 4.21% and the S&P 500's loss of 6.57%.Analysts and investors alike will be keeping a close eye on the performance of Macy's in its upco ...
Macy's (M) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-04-17 22:56
Company Performance - Macy's closed at $11.13, reflecting a +1.09% increase from the previous day, outperforming the S&P 500's gain of 0.13% [1] - Over the past month, Macy's shares have declined by 19.28%, while the Retail-Wholesale sector and S&P 500 have decreased by 5.65% and 6.3%, respectively [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.14, a decrease of 48.15% compared to the same quarter last year [2] - Revenue is projected at $4.47 billion, indicating a 7.86% decline from the equivalent quarter last year [2] Annual Estimates - For the annual period, earnings are anticipated to be $2.12 per share, down 19.7% from the previous year, with revenue expected to be $21.27 billion, reflecting a 4.6% decrease [3] Analyst Revisions - Recent changes in analyst estimates for Macy's are crucial as they indicate evolving short-term business trends, with positive revisions suggesting analyst optimism [3][4] Zacks Rank and Valuation - Macy's currently holds a Zacks Rank of 4 (Sell), with a Forward P/E ratio of 5.19, which is a discount compared to the industry average of 11.21 [5] - The Zacks Rank system has historically outperformed, with 1 stocks returning an average annual gain of +25% since 1988 [5] Industry Context - The Retail - Regional Department Stores industry is ranked 231 in the Zacks Industry Rank, placing it in the bottom 7% of over 250 industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating the relative weakness of the current industry ranking [6]
Macy's clawing back executives' bonuses linked to accounting scandal caused by rogue worker
New York Post· 2025-04-02 17:41
Core Insights - Macy's is demanding the return of bonuses totaling $609,613 that were overpaid to executives due to an accounting scandal involving a rogue employee [1][3] - The company has already recovered $257,520 of the overpaid funds and is seeking to recover the remaining $352,093 in accordance with its clawback policy during fiscal 2025 [2][3] - The accounting scandal involved the concealment of $154 million in delivery expenses over several years, which artificially inflated executive compensation [1][4] Company Actions - Macy's has initiated a clawback process to recover the erroneously awarded compensation from the affected executives [3] - The company has not disclosed the identities of the executives involved in the scandal [3] - The rogue employee responsible for the accounting cover-up was fired and acted alone without personal gain [4][5] Financial Context - The accounting cover-up led to a delay in Macy's quarterly earnings report and negatively impacted its stock price [4] - Macy's is also closing 150 underperforming stores by 2027, indicating a strategic shift in response to market challenges [6] - Recent guidance for sales and profits fell short of Wall Street expectations, attributed to inflation and tariff uncertainties [6]
Macy's executives will have to pay back over $600,000 after an accounting scandal inflated their bonuses
Business Insider· 2025-04-02 16:26
Macy's executives will have to pay back hundreds of thousands of dollars in bonus payments as a result of an accounting scandal, the department store firm said on Tuesday. The retailer overstated one of its earnings measures by $81 million in 2023, the company said in a filing with the SEC. That metric influenced how much Macy's executives were paid in bonuses the following year.As a result, some execs will have to pay back a cumulative $609,613 in cash bonuses that the company awarded them through the end ...
Myriad Uranium Appoints Eduards Smirnovs as Industry Advisor
Newsfile· 2025-04-01 11:30
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that Eduards Smirnovs has been appointed external Industry Advisor to the Company. Myriad Uranium Corp. is a uranium exploration company with an earnable 75% interest in the Copper Mountain Uranium Project in Wyoming, USA. Copper Mountain hosts several known uranium deposits and historic uranium mines, including the Arrowhead Mine which pr ...
Macy's(M) - 2025 Q4 - Annual Report
2025-03-21 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-13536 Macy's, Inc. (Address of Principal Executive Offices, including Zip Code) (Registrant's telephone number, including area c ...
Myriad Uranium Reports Chemical Assays on 20 Copper Mountain Boreholes. Confirmed U3O8 Grades Are 20% Higher on Average than Previously Reported Gamma Grades.
Newsfile· 2025-03-17 11:30
Core Insights - Myriad Uranium Corp. has reported that the chemical assay grades of U3O8 from 20 boreholes at the Copper Mountain Uranium Project are, on average, 20% higher than previously reported gamma probe results, indicating significant uranium mineralization [2][4][31] - The results suggest the presence of extensive higher-grade uranium mineralization that was previously undetected, which may have positive implications for historical resource estimates [4][5][23] Summary by Sections Company Overview - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, which has a history of uranium mining and exploration, including significant investment by Union Pacific in the late 1970s [31][32] - The project area has seen extensive drilling, with approximately 2,000 boreholes completed, indicating substantial exploration potential [31] Recent Developments - The company announced the results of chemical assays from 20 boreholes, confirming high-grade uranium mineralization at the Canning Deposit [2][4] - The average U3O8 grades from the chemical assays are 20% higher than the previously reported equivalent spectral gamma probe results, indicating a potential disequilibrium in the uranium system [2][4][23] Technical Insights - The assays revealed that many intervals previously thought to contain low uranium concentrations based on gamma probe results actually have significantly higher concentrations, which could lead to a reassessment of the project's resource potential [4][5] - The highest grade reported so far is 8,325 ppm U3O8, an increase from the previously reported 8,060 ppm [7] Future Actions - Myriad plans to expand its drilling and sampling program to include intervals previously excluded as "low-grade" based on gamma probe results, with additional assays from 14 remaining boreholes pending [4][5] - The company is considering the implications of the new assay results on historical estimates and will conduct further analyses to understand the causes of the observed disequilibrium [4][23]