New Strong Sell Stocks for June 6th

06:43am, Tuesday, 06'th Jun 2023
BANC, DCP and M have been added to the Zacks Rank #5 (Strong Sell) List on June 6, 2023.

Is Macy's an Excellent Stock to Buy Now?

04:08pm, Monday, 05'th Jun 2023
Macy's latest quarter was worse than what management was expecting.
Nike products will return to Macy's later this year after the athletic shoemaker and department store giant reached a fresh wholesale agreement.
Macy's stock is undervalued with a potential 50% upside after a 31.5% decline over the last three months. The company has improved cost efficiency, expanded its brands, and focused on personalized off
Macy's reported net sales in their first quarter that were $5.0 billion, a 7% decline over last years $5.3 Billion.
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.
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.
Earlier, PYMNTS reported that the summer of markdowns is here as Macy's (along with Dollar General) struggled with declining consumer demand. The retailer has now revised its annual sales and profit f

Macy's Drops After Retailer Cut Its Outlook

04:14pm, Thursday, 01'st Jun 2023
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.  Bloomberg's Katie Greife
The markdown of retail stocks Thursday (June 1) signals that the summer of markdowns is here. Macy's financial results and a host of announcements from other firms Thursday morning showed that inflat
Gerald Storch, Storch Advisors CEO and former Target vice chairman, joins 'Squawk on the Street' to discuss retail's rough run in the market and what's ahead for the sector.
Macy's Inc. is bringing Nike products back to certain stores and e-commerce operations in the fall and will further scale the offering to additional locations in spring of 2024, Chief Executive Jeff G
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 esti
Macy's, Dollar General slash outlooks on consumer spending weakness. Target fades further after downgrade.

Macy's Stock Earnings, A Pivotal Story

09:56am, Thursday, 01'st Jun 2023
Shares of the discretionary offerings giant Macy's NYSE: M are sliding by as much as 15.2% in the pre-market hours of Thursday morning, as the company released its first quarter 2023 earnings result
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