Acțiunile Macy's au urcat cu 10% marți: explicat aici

Macy's Inc (NYSE: M) is up nearly 10% on Tuesday after the retailer reported market-beating results for its fiscal second quarter.

Macy’s Q2 earnings snapshot

• Venitul net a fost de 275 de milioane de dolari, comparativ cu 345 de milioane de dolari din anul precedent
• Per-share earnings were down from $1.08 to 99 cents
• EPS ajustat a venit la 1.0 USD, conform Raportul privind câștigurile
• Sales slid nearly 1.0% on a year-over-year basis to $5.60 billion
• Consensul a fost de 86 de cenți din EPS ajustat pentru vânzări de 5.49 miliarde de dolari
• Comparable sales were down 1.6%, better than 2.0% expected

Digital sales were down 5.0%. In the comunicatul de presă al câștigurilor, CEO Jeff Gennette said:

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We believe we’re well positioned to respond to changing consumer behaviour. Despite inflationary pressures, consumers continued to shop Macy’s as a style source and leading gifting destination. Additionally, Bloomingdale’s and Bluemercury captured demand for luxury brands, resulting in both nameplates outperforming in the quarter.

In ciuda știri cu amănuntul, Macy’s stock is still down more than 25% for the year.

Macy’s stock up despite lowered full-year guidance

On the downside, however, Macy’s lowered its guidance for the full year on high levels of inventory and a slowdown in consumer spending.

It now forecasts $4.0 to $4.20 of adjusted per-share earnings on up to $24.580 billion in sales this year. Gennette added:

Over the past two years, our Polaris strategy has made us faster and more agile, which has been essential to navigate rapidly changing consumer trends and macro conditions. We expect to come out of this uncertain period in a strong position with a healthy balance sheet, new capabilities, and a talented team ready to capture renewed demand.

Wall Street sees upside to $24.70 in Macy’s stock on average.