M Jun 2023 21.000 put
| Previous Close | 6.85 |
| Open | 6.85 |
| Bid | 5.60 |
| Ask | 5.85 |
| Strike | 21.00 |
| Expire Date | 2023-06-16 |
| Day's Range | 6.85 - 6.85 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1.02k |
Motley FoolMacy's Slashes Guidance: Buy or Avoid?
Department store operator Macy's (NYSE: M) is having all sorts of trouble navigating a difficult economic environment. The good news is that Macy's is still turning a profit. Through improved inventory management and operational efficiencies, the retailer has managed to prevent its gross margin from dropping despite the tumbling sales.
Yahoo Finance VideoStocks close higher, Dollar General & Macy's results, jobs report in focus: Top stories
The major stock indexes closed higher Thursday despite some disappointing news on the consumer from Macy's and Dollar General. On Friday, all eyes will be on the May jobs report. Economists are expecting 195,000 jobs were added last month.
Yahoo Finance VideoLucid, C3.ai, Retail stocks: Thursday's trending tickers
As the pull back in consumer spending continues to impact retailers, the Yahoo Finance Live team takes a look at shares of Macy's, Dollar General, and Nordstrom. Shifting to the auto industry, EV maker Lucid's stock dropped after announcing a new stock offering. On the AI front, C3.ai shares plunged after the company issued a disappointing outlook.
ZacksMacy's (M) Q1 Earnings Beat Estimates, Comp Sales Decline
Macy's (M) reports an earnings beat in first-quarter fiscal 2023. However, sales were soft due to a comparable sales decline of 7.9% on an owned basis.
Motley FoolMacy's (M) Q1 2023 Earnings Call Transcript
M earnings call for the period ending March 31, 2023.
Yahoo Finance VideoWhat Macy's & Dollar General earnings are telling us about the consumer
High inflation and economic uncertainty has led consumers to pull back on their spending. Forrester Research Retail Analyst Sucharita Kodali explains what the impact will be on retail stocks.
- Reuters
US STOCKS-Wall St rises on debt ceiling deal cheer, hopes of Fed pause
U.S. stock indexes rose by midday trading on Thursday as investors cheered passage of a bill by lawmakers to suspend the nation's debt ceiling amid bets that the Federal Reserve will skip raising interest rates in its next meeting. The bill to suspend the $31.4 trillion debt ceiling headed to the Senate, which must enact the measure before a Monday deadline, when the government is expected to run out of money to pay its bills.
ReutersU.S. consumer outlook dims as upscale retailers, discounters slash forecasts
Weak profit forecasts from department store chain Macy's to discounter Dollar General on Thursday underscored the fragile health of the U.S. consumer as persistent inflation curbs spending. Several U.S. retailers said sales have ebbed as consumers react to higher prices for food and other essentials. Broadly, U.S. consumer spending trends showed resilience in the face of high inflation, but big-ticket purchases suffered.
ZacksCracker Barrel (CBRL) to Post Q3 Earnings: What's in Store?
Cracker Barrel's (CBRL) fiscal third-quarter performance is likely to have benefited from its off-premise business model, bundled holiday offerings and optimized marketing strategy.
ZacksWhat Awaits Academy Sports and Outdoors (ASO) in Q1 Earnings?
Academy Sports and Outdoors (ASO) first-quarter 2023 results are likely to reflect inflation and supply-chain disruptions.
ZacksFactors Likely to Shape Dave & Buster's (PLAY) Q1 Earnings
Dave & Buster's (PLAY) fiscal first-quarter performance is likely to have benefited from its Special Events business, digital initiatives and entertainment offerings.
BloombergMacy’s Falls After Cutting Outlook as Demand Trends Worsen
(Bloomberg) -- Macy’s Inc. said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US consumer spending through the remainder of 2023. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Passes the House, Easing US Default ConcernsBillionaire Perot Warns of Real Estate Recession as Loans D
Yahoo Finance VideoMacy's stock falls after guidance slash, Dollar General shares slide
Macy's and Dollar General are feeling the pinch of U.S. consumers reining in spending amid elevated inflation and higher interest rates. Yahoo Finance Live breaks down the two retailers' earnings reports to find out what they tell us about spending.
ZacksCompared to Estimates, Macy's (M) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Macy's (M) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Yahoo Finance VideoDebt ceiling bill passes House, Fed expectations change, Macy's earnings: Top stories
Today's top stories: The House has passed the debt ceiling bill. Traders are now betting the Fed will pause at its next meeting. Growing concern about the consumer after Macy's slashed its outlook for the entire year.
ZacksMacy's (M) Q1 Earnings and Revenues Beat Estimates
Macy's (M) delivered earnings and revenue surprises of 21.74% and 1.20%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
- Reuters
US STOCKS-Futures inch higher as debt ceiling bill passes House
U.S. stock index futures edged higher on Thursday after the House of Representatives passed a bill to suspend the nation's debt ceiling, while investors awaited more data to determine the strength of the labor market. The bill to suspend the $31.4 trillion debt ceiling on Wednesday passed with majority support from both Democrats and Republicans and will now head to the Senate, which must enact the measure before a Monday deadline, when the government is expected to run out of money to pay its bills.
WSJT.J. Maxx’s Recession-Proof Pricing Strategy, Explained
A decades-old TJ Maxx commercial promises customers “the max for the minimum price” and says the store is “never the same place twice.” WSJ explains how the off-price retailer uses consumer psychology to convince customers that they're getting a bargain.
Business WireMacy’s, Inc. Reports First Quarter 2023 Results
NEW YORK, June 01, 2023--Macy’s, Inc. Reports First Quarter 2023 Results
- Investing.com
Macy's, Dollar General, Okta fall premarket; Nordstrom rises
Investing.com -- Stocks in focus in premarket trade on Thursday, June 1st. Please refresh for updates.
ZacksHere's Why lululemon (LULU) Looks Poised for Q1 Earnings Beat
lululemon's (LULU) Q1 results are expected to reflect gains from continued business momentum, backed by improved traffic trends and digital growth.
Yahoo FinanceWith the debt ceiling over, here's the next problem for investors: Morning Brief
The gaze of investors now turns to what the Federal Reserve may do in a few short weeks.
Motley FoolDown Over 60% From 2021 Highs, This Stock Can Soar Despite Recession Fears
The top department store operator has a stronger balance sheet, better inventory management, and higher profitability than before the COVID-19 pandemic, but investors have bailed on Macy's stock anyway.
