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A Strong Q4 Should Keep Macy's At Value Levels
MMacy's(M) Seeking Alpha·2024-01-18 06:10
Michael M. Santiago High-end retailers are often at a premium, despite the supply chain being difficult to manage. Among the companies trying to modernize their supply lines is Macy’s Inc. (NYSE: M). They will be the subject of today’s analysis. A company of 722 stores, they are understandably a highly seasonal business, with a lot of their sales coming in November and December. This includes standard Macy’s, a high-end retailer in its own right, the luxury brand Bloomingdale’s, and the skincare product ...