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Is Macy's an Excellent Stock to Buy Now?

Macy's latest quarter was worse than what management was expecting.

By Parkev Tatevosian, CFA – Jun 5, 2023 at 4:08PM EST

Fool.com contributor and finance professor Parkev Tatevosian reviews Macy's (M +0.72%) latest earnings and answers if long-term investors should buy the stock.

*Stock prices used were the afternoon prices of June 3, 2023. The video was published on June 5, 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.
TMFParkev
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 they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Macy's Stock Quote
Macy's
NYSE: M
$19.69
(+0.72%)+$0.14

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

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