
Macy's Q4 Preview: High Probability Of An Earnings Beat, Buying The Stock
Macy's remains a Buy as it executes a strategic overhaul focused on profitable store closures and small-format expansion. M is undervalued on both real estate and operating metrics, with a P/E of 7.4 and a 22.2% FCF yield supporting a 4.38% dividend. Management targets a return to low single-digit comparable sales growth and mid-single digit EBITDA growth by 2026 despite near-term revenue declines.

















