James D. Farley, Jr. Elected to McDonald's Board of Directors [Accessibility Statement] Skip NavigationCHICAGO, Feb. 10, 2026 /PRNewswire/ -- McDonald's Corporation (NYSE: MCD) today announced the election of James D. Farley, Jr., to its Board of Directors, effective February 4, 2026.James D. Farley, Jr. has been elected to McDonald's Board of Directors.[View PDF]5 Things to Know About Jim FarleyMr. Farley currently serves as President and CEO of Ford Motor Company and sits on Ford's Board of Directors, whe ...

Core Viewpoint - Macy's, Inc. is trading at a forward 12-month P/E multiple of 9.89X, significantly lower than the industry average of 15.65X, raising questions about whether this discount reflects business challenges or presents a buying opportunity [1][4]. Valuation and Performance - Macy's stock has appreciated by 22.9% over the past month, outperforming the industry growth of 18%, as well as the Retail-Wholesale sector and S&P 500 Index returns of 7.1% and 5.8%, respectively [5]. - Despite recent gains, Macy's shares remain 9.9% below their 52-week high of $24.41, indicating potential for further upside [8]. - The stock trades above its 50-day and 200-day moving averages of $21.73 and $15.49, suggesting a favorable technical setup [8]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Macy's EPS has been revised upward by 16 cents and 7 cents for the current and next fiscal years, now at $2.16 and $2.23, respectively [9]. - Recent upward revisions in earnings estimates reflect positive sentiment and improved sales and profit outlooks [7][9]. Strategic Initiatives - Macy's is undergoing a transformation with its "Bold New Chapter" strategy, focusing on curated assortments, enhanced brand variety, and improved customer service [13]. - The company is investing in upgraded store environments and better product presentation to deepen customer engagement [14]. - Luxury brands are a significant growth driver, with Bloomingdale's enhancing its positioning through exclusive partnerships and improved in-store experiences [15]. Operational Improvements - Macy's is modernizing its operations, including the new China Grove distribution center that utilizes robotics and AI for improved efficiency [16]. - The company emphasizes an omnichannel approach, enhancing digital capabilities and customer experience across various platforms [17]. Future Outlook - For fiscal 2025, Macy's raised its net sales outlook to $21.48-$21.63 billion, up from $21.15-$21.45 billion, with expectations for comparable sales to be flat to up 0.5% year-over-year [18]. - The adjusted EBITDA margin is projected to be 7.8-8%, reflecting improved operating leverage [19]. - The adjusted earnings per share forecast has been lifted to $2.00-$2.20, indicating stronger performance visibility [20]. Financial Position - Macy's demonstrates strong cash generation, limited near-term debt maturities, and ongoing share repurchases, enhancing its financial stability [21]. Investment Opportunity - Macy's presents an attractive opportunity for long-term investors, trading below peer valuations while advancing its strategic initiatives [22]. - The company holds a Zacks Rank 1 (Strong Buy), indicating strong investment potential [23].