Macy's (M) news

Macy's shares up 1.2% as Berkshire 13F shows increased stake

Macy's shares rose 1.2% in early August 2026, following continued investor interest in the retailer after Berkshire Hathaway disclosed a new stake in its Q1 2026 13F filing. The investment, valued at approximately $55 million, consists of 3.04 million shares and marks major portfolio moves under…

Fitch affirms Macy's IDR at 'BBB-'; outlook stable

Fitch Ratings has reaffirmed Macy's Inc.'s Issuer Default Rating (IDR) at 'BBB-', with a stable outlook, reflecting strategic adjustments in a challenging retail environment. The rating underscores Fitch's view that Macy's maintains adequate liquidity and manageable debt levels, despite the broader…

Macy’s names Alexandre Choueiri as CEO of Bluemercury

Cury 2Q sales cancellations R$171.2M, -28% y/y

Macy's, Inc. reported second-quarter 2023 financial results, revealing a decline in sales cancellations to R$171.2 million, representing a 28% year-over-year decrease . The reduction in cancellations reflects ongoing efforts to stabilize operations and improve customer retention amid evolving…

Citigroup raises target price to $22 from $18 for Macy's Inc

Citigroup has raised its price target for Macy's Inc (NYSE:M) to $22 from $18, maintaining a "Hold" rating for the stock. This adjustment reflects the firm's updated assessment of the company's financial performance and outlook. The move follows a recent earnings report in which Macy's exceeded…