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Why Is Everyone Talking About Macy's Stock?

The retailer is posting impressive earnings despite headwinds.

By Parkev Tatevosian, CFA – Mar 6, 2023 at 9:35AM EST

Macy's (M +2.84%) reported better-than-expected earnings results in its latest quarter. This video will look into the figures and let you know if Macy's stock is a buy right now.

*Stock prices used were the afternoon prices of March 2, 2023. The video was published on March 4, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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X@TMFParkev

Parkev Tatevosian, CFA has positions in Macy's. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Macy's Stock Quote
Macy's
NYSE: M
$18.08
(+2.84%)+$0.50

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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