Despite the increasingly difficult consumer environment, Macy's delivered a decent quarterly result which also happened to be an all-around beat. Its $5.6 billion in quarterly net sales exceeded its projections, despite a 1.6% decline in comparable owned plus licenced sales. The management has made difficult decisions over the past two years as customer demand quickly changed between categories and channels and macroeconomic constraints increased to maintain the organization's stability and heal ....
03 Sep 2022
Macy’s Inc: Survival In A Challenging Macro Environment & Other Factors, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (09/22)
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Macy’s Inc: Survival In A Challenging Macro Environment & Other Factors, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (09/22)
- Published:
03 Sep 2022 -
Author:
Ishan Majumdar -
Pages:
25
Despite the increasingly difficult consumer environment, Macy's delivered a decent quarterly result which also happened to be an all-around beat. Its $5.6 billion in quarterly net sales exceeded its projections, despite a 1.6% decline in comparable owned plus licenced sales. The management has made difficult decisions over the past two years as customer demand quickly changed between categories and channels and macroeconomic constraints increased to maintain the organization's stability and heal ....