Macy’s was faced with a number of challenges since the start of 2022 such as rising inflation, interest rates, a volatile stock market, Covid-19 lockdowns in Asia, and the war in Ukraine. Despite the highly dynamic and uncertain operating environment, the company’s result managed to surpass Wall Street expectations. Their 29.1 million Star Rewards program members accounted for 69% of Macy's brand, owned plus licence sales over the previous 12 months. This is a nearly 6-percentage-point increase ....
08 Jun 2022
Macy's Inc.: Digital Sales, The Polaris Strategy & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (06/22)
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Macy's Inc.: Digital Sales, The Polaris Strategy & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (06/22)
- Published:
08 Jun 2022 -
Author:
Ishan Majumdar -
Pages:
26
Macy’s was faced with a number of challenges since the start of 2022 such as rising inflation, interest rates, a volatile stock market, Covid-19 lockdowns in Asia, and the war in Ukraine. Despite the highly dynamic and uncertain operating environment, the company’s result managed to surpass Wall Street expectations. Their 29.1 million Star Rewards program members accounted for 69% of Macy's brand, owned plus licence sales over the previous 12 months. This is a nearly 6-percentage-point increase ....