On 20 MAY Macy’s, Inc. (NYSE:M) announced the pricing of the public offering of $500.0 million aggregate principal amount of senior notes due 2024 by its wholly owned subsidiary, Macy’s, Inc. (NYSE:M). The senior notes were issued at a price of 99.899% of par and will bear interest at a rate of 3.625% per annum. The senior notes will be fully and unconditionally guaranteed on a senior unsecured basis by Macy’s, Inc. (NYSE:M).Macy’s, Inc. (NYSE:M) net profit margin is 5.40% and weekly performance is -0.03%. On last trading day company shares ended up $58.05. Analysts mean target price for the company is $62.79. Macy’s, Inc. (NYSE:M) distance from 50-day simple moving average (SMA50) is 0.24%.
On 22 MAY The Bon-Ton Stores, Inc. (NASDAQ:BONT) reported operating results for the first quarter of fiscal 2014 ended May 3, 2014 and reaffirmed its earnings guidance for fiscal 2014. Total sales and comparable store sales decreased 6.1% and 5.8%, respectively, in the quarter. Adjusted EBITDA (not a measure recognized under generally accepted accounting principles (see Note 1)) was $7.1 million, compared with $15.2 million in the first quarter of fiscal 2013. Net loss in the first quarter was $31.5 million, or $1.63 per diluted share, compared with a net loss of $26.6 million, or $1.41 per diluted share, for the first quarter of fiscal 2013.The Bon-Ton Stores, Inc. (NASDAQ:BONT) shares advanced 1.96% in last trading session and ended the day on $11.42. BONT Gross Margin is 37.70% and its return on assets is -0.50%. The Bon-Ton Stores, Inc. (NASDAQ:BONT) quarterly performance is 20.21%.
On 14 MAY Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) said it is exploring strategic options for its interest in Sears Canada Inc., including a sale. Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS), which owns a 51% stake in Sears Canada, said it is considering whether to sell its holdings or the operation as a whole. The retailer plans to hire an investment bank during the proceedings. Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) shares moved up 4.80% in last trading session and was closed at $22.25, while trading in range of $20.93 – $22.29. Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) year to date (YTD) performance is -12.75%.
On 16 MAY J.C. Penney Company, Inc. (NYSE:JCP) reported an 11% year-over-year (YoY) reduction in losses to $1.16 per share in 1QFY14, beating analysts’ estimates of $1.27. The primary reasons for the beat were stronger-than-expected top line growth and improvement in gross margins. The company reported 6% YoY growth in its net sales to $2,800 million during the quarter, beating analysts’ estimates of $2,757 million by 15.6%. This was the first quarter since 2011 that witnessed year-over-year increase in sales. J.C. Penney Company, Inc. (NYSE:JCP) ended the last trading day at $9.01. Company weekly volatility is calculated as 5.42% and price to cash ratio as 2.35. J.C. Penney Company, Inc. (NYSE:JCP) showed a negative weekly performance of -7.40%.
On 14 May, Kohl’s Corporation (NYSE:KSS)’s Board of Directors declared a quarterly cash dividend on the Company’s common stock of $0.39 per share. The dividend is payable June 25, 2014 to shareholders of record at the close of business on June 11, 2014. Kohl’s Corporation (NYSE:KSS) net profit margin is 4.60% and weekly performance is -0.81%. On last trading day company shares ended up $52.83. Analysts mean target price for the company is $57.11. Kohl’s Corporation (NYSE:KSS) distance from 50-day simple moving average (SMA50) is -3.96%.