Stifel Affirms Macy's (M) at 'Buy'; Q1 Results Strong Amid Challenging Environment, Still Very Well Positioned

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Go back to Stifel Affirms Macy's (M) at 'Buy'; Q1 Results Strong Amid Challenging Environment, Still Very Well Positioned

Macy's (M) Q1 Viewed as 'Good Enough" - Wells Fargo

May 14, 2014 11:26 AM EDT

Wells Fargo maintained an Outperform rating on Macy's (NYSE: M) with a price target of $68. Analyst Paul Lejuez described Q1 as "good enough."

"M posted EPS slightly above consensus, but comps declined. Management reiterated its annual guidance, and business has improved in... More

Macys (M) Raises Quarterly Dividend 25% to $0.3125; 2.2% Yield

May 14, 2014 8:02 AM EDT

Macys (NYSE: M) declared a quarterly dividend of $0.3125 per share, or $1.25 annualized. This is a 25% increase from the prior dividend of $0.2500.

The dividend will be payable on July 1, 2014, to stockholders of record on June 13, 2014, with an ex-dividend date of June 11,... More

Macy's (M) Tops Q1 EPS by 1c; Boosts Diivdend 25%, Adds $1.5B to Buyback Plan

May 14, 2014 8:01 AM EDT

Macy's (NYSE: M) reported Q1 EPS of $0.60, $0.01 better than the analyst estimate of $0.59. Revenue for the quarter came in at $6.28 billion versus the consensus estimate of $6.46 billion.

On a comparable sales basis, Macys, Inc.s first quarter sales were down 1.6 percent in 2014 compared with 2013. Together with sales from departments licensed to third parties, first quarter 2014... More