Macy's delivered a solid set of results for Q2 demonstrating the power of an omnichannel model with a robust offering of brands, categories, and price points. Its total sales increased 5.9%, an approximately 16 percentage point trend improvement as compared to the 10% decrease in the first quarter of 2021. The management has been successfully analyzing shopping as well as spending patterns, and adjusting buying as well as allocation strategies. Furthermore, they made enterprise-wide data and ana ....
28 Sep 2021
Macy's Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
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Macy's Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
- Published:
28 Sep 2021 -
Author:
Ishan Majumdar -
Pages:
14
Macy's delivered a solid set of results for Q2 demonstrating the power of an omnichannel model with a robust offering of brands, categories, and price points. Its total sales increased 5.9%, an approximately 16 percentage point trend improvement as compared to the 10% decrease in the first quarter of 2021. The management has been successfully analyzing shopping as well as spending patterns, and adjusting buying as well as allocation strategies. Furthermore, they made enterprise-wide data and ana ....