Core Viewpoint - Macy's is experiencing mixed results as it navigates a turnaround under CEO Tony Spring, with pressure from activist investors seeking to take the company private [1][10]. Financial Performance - Comparable sales for Macy's during the holiday quarter decreased by 1.1%, while comparable sales across owned and licensed businesses, plus online marketplace, increased by 0.2%, marking the highest growth since Q1 2022 [2]. - The "First 50" locations, which are prioritized in the turnaround plan, reported a 0.8% increase in comparable sales, showing positive performance for four consecutive quarters [3]. - For fiscal 2025, Macy's anticipates adjusted earnings per share between $2.05 and $2.25, and sales between $21 billion and $21.4 billion, which are below Wall Street expectations of $2.31 per share and $21.8 billion in sales [4]. - The reported net income for the fiscal fourth quarter was $342 million, or $1.21 per share, compared to a loss of $128 million, or a loss of 47 cents per share, a year earlier [4]. - Total sales fell to $7.77 billion, down approximately 4% from $8.12 billion a year prior [5]. Strategic Initiatives - CEO Spring has initiated a plan involving the closure of 150 stores and investment in better-performing locations to address longstanding issues [7]. - The company is focusing on enhancing staffing, merchandising, and visual presentation in the 50 prioritized locations, which have shown better performance than the rest of the chain [8]. - After the store closures, Macy's will retain about 350 locations, and extending the successful strategy to the broader chain will require time and capital [9]. Activist Investor Influence - Activist investor Barington Capital has taken a position in Macy's, advocating for cost-cutting measures, potential sales of luxury brands, and a review of the real estate portfolio [10]. - There is skepticism regarding the motivations of Barington and other activist investors, with concerns that they may prioritize short-term profits over long-term revitalization efforts [11]. Shareholder Returns - Macy's announced plans to resume share buybacks under a remaining $1.4 billion authorization, contingent on market conditions [13]. - The company aims to enhance customer experience, operational excellence, and maintain healthy free cash flow while returning capital to shareholders through buybacks and dividends [13].

Core Viewpoint - Analysts forecast a significant decline in Macy's quarterly earnings and revenues, indicating potential challenges for the company in the upcoming earnings release [1][4]. Earnings and Revenue Estimates - Macy's is expected to report earnings of $1.55 per share, reflecting a year-over-year decline of 36.7% [1]. - Revenue is anticipated to be $7.78 billion, showing a decrease of 4.2% compared to the same quarter last year [1]. Revisions and Trends - Over the past 30 days, the consensus EPS estimate has been revised downward by 2.4%, indicating a shift in analysts' expectations [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as there is a strong correlation between these revisions and short-term stock performance [3]. Key Metrics Projections - Analysts project 'Net Sales' to reach $7.77 billion, which represents a year-over-year change of -4.3% [4]. - 'Net Sales - Other Revenue' is expected to be $210.07 million, indicating a decline of 17.6% from the prior-year quarter [5]. - Revenue from 'Net Sales - Other Revenue - Macy's Media Network' is projected at $67.14 million, reflecting an increase of 11.9% from the previous year [5]. Store Count Estimates - The consensus estimate for 'Store Count - End of Period - Bluemercury' is 169, up from 159 in the same quarter last year [6]. - Analysts predict a consolidated number of stores to be 683, down from 718 in the same quarter last year [6]. Stock Performance - Macy's shares have returned -7.9% over the past month, compared to a -1.3% change in the Zacks S&P 500 composite [6].

Macy's (M) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended January 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on March 6. On the oth ...

Group 1: Company Performance - Macy's stock closed at $14.78, reflecting a +0.75% change from the previous session, outperforming the S&P 500's daily loss of 0.27% [1] - Over the past month, Macy's stock has risen by 4.64%, which is below the Retail-Wholesale sector's gain of 8.91% and slightly above the S&P 500's gain of 4.27% [1] Group 2: Earnings Forecast - Macy's is expected to report an EPS of $1.55, indicating a 36.73% decline compared to the same quarter last year [2] - The consensus estimate for Macy's revenue is projected to be $7.79 billion, reflecting a 4.03% decline compared to the corresponding quarter of the previous year [2] Group 3: Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for Macy's suggest shifting dynamics in short-term business patterns, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with stocks rated 1 historically producing an average annual return of +25% since 1988 [4][5] Group 4: Valuation Metrics - Macy's has a Forward P/E ratio of 6.01, which is a discount compared to the industry average Forward P/E of 9.68 [6] - The Retail - Regional Department Stores industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 225, placing it in the bottom 11% of over 250 industries [6] Group 5: Industry Performance - The Zacks Industry Rank assesses the strength of industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Points - Myriad Uranium Corp. has issued 612,164 common shares to FirstAmerican Energy Fuels Ltd. as part of a property option agreement for the Red Basin Uranium Project in New Mexico, covering approximately 1,776 acres [1][2] - The shares were issued at a deemed price of approximately C$0.408 per share, valuing the transaction at C$250,000 based on a 10-day VWAP [2] - Myriad's final obligation to earn a 100% interest in the Project requires conducting a geophysics survey by January 30, 2026 [3] Company Overview - Myriad Uranium Corp. is a uranium exploration company with a 75% earnable interest in the Copper Mountain Uranium Project in Wyoming, having already earned a 50% interest [4] - The Copper Mountain Project has historical uranium deposits and mines, including the Arrowhead Mine, which produced 500,000 lbs of eU3O8 [4] - A recent 34-hole drill program at Copper Mountain encountered significant high-grade uranium mineralization, exceeding expectations and confirming historical exploration results [4]

Core Viewpoint - Myriad Uranium Corp. has entered into an option agreement to acquire 100% interest in the Red Basin Uranium Project in New Mexico, which includes 86 lode claims covering approximately 1,776 acres [1][2][3] Company Overview - Myriad Uranium Corp. is a uranium exploration company with a current 50% interest in the Copper Mountain Uranium Project in Wyoming, which has significant historical resource estimates [14] - The company aims to replicate the success of previous transactions, such as the Copper Mountain deal, by unlocking value in the Red Basin Project [2] Project Details - The Red Basin Project is located in the Datil Mountains - Pietown Uranium District, with historical estimates of 1.5 million to 6.5 million pounds of U3O8 (inferred) [3][8] - The project area has a history of extensive drilling, with 60% of approximately 1,000 boreholes conducted within the lode claims, confirming high-grade uranium-vanadium mineralization of 0.17% - 0.31% U3O8 [3][4] - The mineralization is primarily hosted in roll-front deposits within permeable sandstones, with potential for both open-pit and in-situ leaching extraction methods [7][9] Financial Considerations - The total consideration for the option agreement amounts to C$525,000, which includes an immediate cash payment and share issuance [1][5] - Myriad has already made a non-refundable deposit of C$25,000 and must complete additional cash payments and share issuances to fully exercise the option [5] Exploration Potential - The broader Datil Mountains - Pietown area could contain over 40 million pounds of high-grade uranium, with significant expansion potential identified [4][9] - The project is expected to have relatively easy and inexpensive drilling due to the nature of the rock [2][4] Historical Context - Historical assessments indicate that the Red Basin area may contain as much as 30-45 million pounds of U3O8, with associated vanadium content up to 1.64% V2O5 [9][10] - Previous drilling and evaluations have provided a foundation for the current exploration efforts, although the historical estimates should not be solely relied upon for current resource assessments [10][11]

Core Points - Myriad Uranium Corp. has granted 225,000 incentive stock options and 1,095,000 restricted share units to its consultants, directors, and officers [1] - Each stock option is exercisable at $0.40 for five years, while the RSUs vest over three years with conditions for accelerated vesting [1] - Myriad holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, having earned a 50% interest to date [2] - The Copper Mountain Project has historical uranium deposits and mines, including the Arrowhead Mine, which produced 500,000 lbs of eU3O8 [2] - A recent drill program at Copper Mountain encountered significant high-grade uranium mineralization, exceeding expectations and verifying historical exploration [2] Company Overview - Myriad Uranium Corp. is focused on uranium exploration and has significant historical resource estimates from previous exploration efforts [2] - The company recently completed a 34-hole maiden drill program that revealed new potential for the Copper Mountain Uranium Project [2] - Union Pacific previously invested C$117 million in exploring and developing the Copper Mountain area, indicating substantial historical interest and investment in the project [2]

Vancouver, British Columbia--(Newsfile Corp. - January 28, 2025) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") announces that Ian Archbold has assumed a Managing Director role with a global investment management organization and as a result is required to resign from the board of directors of Myriad.Myriad's CEO, Thomas Lamb, commented: "We are grateful to Ian for his many contributions to the Company and wish him the very best."Ian Archbold commented: "As a Director ...

The carousel space will be transformed into a pop-up market, bringing California's Flamingo Estate to New York.NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Bloomingdale's announces The Carousel @ Bloomingdale's: Flamingo Estate, bringing the feeling and inspiration from Richard Christiansen's home and garden to life with a pop-up market. The carousel, available at the 59th Street flagship store and online, will feature the very best of Mother Nature, with garden-grown signature goods from the farms and orchards ...

Myriad Uranium Announces Major Expansion of the Copper Mountain Project Area to Lock Up Mineralised Extensions, Historical Resources, and Key TargetsJanuary 20, 2025 7:30 AM EST | Source: Myriad Uranium Corp.Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce an expansion of the Copper Mountain Project Area, from approximately 4,200 acres to approximately 9,320 acres. The s ...