M
Macy's (NYSE: M) is closing a Pennsylvania store in Pittsburgh Mills Mall in Tarentum, Pennsylvania, on...
Article Summary
HOLD- Macy's (NYSE: M) is closing a Pennsylvania store in Pittsburgh Mills Mall in Tarentum, Pennsylvania, on April 26 as part of a total of 14 stores scheduled to close in early 2026, according to reports from TribLive and WTAE.
- Macy's announced in February 2024 that it would close 150 stores this year, citing the closures as an effort to better serve customers and support long-term growth.
- Macy's's store closures page does not list dates of the other 13 stores, and Macy's at Oxford Valley Mall in Langhorne, Willow Grove Park Mall and Montgomery Mall in North Wales are not among the 14 stores confirmed by Macy's to USA TODAY in January.
- Macy's said in a statement that the closings are part of an ongoing initiative to streamline operations and improve profitability.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -1.7% | 25% | 0.0 ptsDeclining (-1.7%) - NOT a growth stock |
| EPS Growth Next 5Y ? | -2.2% | 25% | 0.0 ptsNegative (-2.2%) - Declining expectations |
| Target Price Upside ? | 1.7% | 20% | 10.0 ptsNear/At Target (1.7%) - Target: $18.78 vs Current: $19.10 |
| Gross Margin % ? | 40.3% | 15% | 60.0 ptsSolid (40.3%) - Decent margins |
| Drawdown from 52-Wk High ? | -21.8% | 15% | 40.0 ptsMild Pullback (-21.8%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About M
- Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States.
- The company sells various merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and Bluemercury brands.
- It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements.
- The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007.
- Macy's, Inc. was founded in 1830 and is based in New York, New York.