|Bid||0.00 x 3200|
|Ask||0.00 x 900|
|Day's range||27.23 - 28.33|
|52-week range||10.07 - 37.95|
|Beta (5Y monthly)||2.12|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.60 (1.92%)|
|Ex-dividend date||14 Dec 2021|
|1y target est||N/A|
Macy's (NYSE: M) has been one of the market's favorite stocks in 2021. In its fiscal third quarter ended Oct. 30, Macy's reported net sales of $5.44 billion. At the heart of Macy's sales rebound is a robust digital channel.
Here is what Engine Capital wants to see from Kohl's.
Macy's Inc is grappling with how to make its e-commerce business a standalone company without losing customers who rely on its department stores to pick up or return items they bought online, according to people familiar with the deliberations. The 163-year-old retailer said last month that it had asked consulting firm AlixPartners to review its business structure after Jana Partners urged it to separate its e-commerce arm. The activist hedge fund said in October that the e-commerce business could be worth $14 billion on its own, more than Macy's entire market capitalization of about $8 billion.