|Bid||0.00 x 1800|
|Ask||0.00 x 1000|
|Day's Range||22.10 - 24.22|
|52 Week Range||15.10 - 28.21|
|Beta (5Y Monthly)||1.78|
|PE Ratio (TTM)||5.06|
|Earnings Date||Feb 20, 2023 - Feb 24, 2023|
|Forward Dividend & Yield||0.63 (2.73%)|
|Ex-Dividend Date||Dec 14, 2022|
|1y Target Est||23.48|
NEW YORK, February 01, 2023--Today, Macy’s launches PATTERN Beauty with the brand’s extensive assortment of washes, treatments, styling tools and more. As the brand’s first-ever department store partner, PATTERN expands Macy’s portfolio of haircare products, specifically in the curl category. PATTERN Beauty’s haircare products and tools with prices ranging from $9 to $25, including the Detangling Nectar, Curl Mousse, Edge Tool and more are available to shop on macys.com, Macy’s mobile app and at
Retail is a tough business in any economic climate. A small number of retailers -- think Costco (NASDAQ: COST) and Amazon (NASDAQ: AMZN) -- manage to build up durable competitive advantages over the course of decades. Consumer electronics retailer Best Buy (NYSE: BBY) goes for around 13 times earnings, department store Macy's (NYSE: M) trades for less than 5 times earnings, and grocery chain Kroger (NYSE: KR) changes hands for roughly 14 times earnings.
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