Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Charlie O’Shea and Katherine Black break down Macy’s (M) earnings as the stock rallies. Katherine thinks Macy’s is doing well in its “brands space,” with popular heritage brands fueling strength. She also notes that middle-income consumers are still spending and make up a lot of Macy’s shoppers. Charlie argues that this turnaround has “more legs” as core competitors remain weak: “this is the time for Macy’s. If they’re ever going to pull it off, it’s now.” However, he warns against Macy’s closing stores, noting that closures impact e-commerce sales negatively.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about