Investors Are Still Overlooking Macy's Real Estate Potential
After an extremely weak first quarter, Macy's (NYSE: M) began to steady its sales and earnings performance in the second quarter of fiscal 2017. Adjusted comparable store sales fell 2.5% in the period. While that's hardly cause for celebration, it was a big improvement relative to the 4.6% decline that Macy's logged in Q1.
Nevertheless, Mr. Market wasn't impressed. Macy's stock has plumbed new multiyear lows in the past month, even falling below the $20 mark briefly.
Source: Fool.com
Macy's Inc. Aktie
14,59 €
-7,76 %
Leichtes Kaufinteresse bei Macy's Inc., mit mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 17 € für Macy's Inc. deutet auf ein leicht positives Wachstumspotenzial gegenüber 14.59 € hin.
