Macy’s (NYSE: M) was featured in a recent analysis report highlighting the retailer ahead of its recently reported second quarter 2020 results (http://nnw.fm/ha4vb). The report, written by LikeFolio Founder Andy Swan, reads, “As ZM’s report yesterday highlighted, changing quarantine behavior can create some big winners. But it can also highlight companies on the wrong side of the shift. cc: Macy’s. After a brief digital bump in 20Q2, Purchase Intent in 20Q3 (1 month in) is pacing -7% YoY. Consumer happiness is dropping. From March to mid-June, sentiment fell 25 points. It is now setting in 12 points below March levels.”
About Macy’s, Inc.
Macy’s, Inc. is one of the nation’s premier omni-channel fashion retailers. The company comprises three retail brands, Macy’s, Bloomingdale’s and Bluemercury. Macy’s, Inc. is headquartered in New York, New York. For more information, visit the company’s website at www.MacysInc.com.
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