Previous close | 16.58 |
Open | 17.80 |
Bid | 17.98 x 10700 |
Ask | 18.49 x 10500 |
Day's range | 17.80 - 18.50 |
52-week range | 9.89 - 19.94 |
Volume | |
Avg. volume | 29 |
Market cap | 5.145B |
Beta (5Y monthly) | 2.21 |
PE ratio (TTM) | 616.67 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.65 (3.90%) |
Ex-dividend date | 14 Jun 2024 |
1y target est | N/A |
The group of investors looking to purchase the department store increased its offer by about $300 million.
The new proposal is to acquire Macy's stock that Arkhouse and Brigade Capital do not already own for $24.80 each, up from $24 per share offered in March, the report added. Arkhouse, which has a 4.4% stake in Macy's, had earlier raised the offer price to $24 per share from $21. Arkhouse Management, Brigade Capital and Macy's did not immediately respond to Reuters' requests for comment.
Dillard's (DDS) stays ahead of the curve, driven by a stringent focus on inventory management and its strategy of providing trend-right merchandise to customers.