Form 8-K Macy's, Inc. For: Aug 11
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Stifel Keeps Macy's (M) at Hold Following 'Challenging' Q2; EPS, Margins Outpace Expectations
August 11, 2016 9:56 AM EDTStifel affirms Macy's (NYSE: M) at Hold following Q2 results and store closing plans, as announced earlier Thursday.
Analyst Richard Jaffe commented today:
Macys to Close 100 Stores The company plans to close 100 Macys full-line stores (out of a portfolio of 728). Most of the stores will close in early 2017, with the balance closing as... More