Shares of Macy’s, Inc. (NYSE:M) are climbing after the retailer reported higher than expected profit and said its sales at comparable stores had risen 1.4% last quarter. Macy’s reported fourth quarter earnings per share of $2.31, excluding certain items, versus analysts’ consensus estimate of $2.17. The company’s revenue, however, came in slightly lower than expected. Macy’s reported that its sales last month had come in below its expectations, partly due to the unusually harsh weather in much of the U.S. On a more positive note, the retailer stated that its sales had begun to recover after Valentine’s Day and added that it expects demand to become more normal after warm spring weather arrives. For its current fiscal year, Macy’s reiterated that it expects its EPS to come in at $4.40-$4.50. Analysts’ consensus estimate was $4.44. The company also continues to expect its comparable sales to rise 2.5%-3% during the current fiscal year. Macy’s, Inc. (NYSE:M) stock opened at $53.63 in last trading session, and closed at $56.25, trading in the range of $53.33 – $56.55. The stock showed a positive weekly performance of 5.83%.
TheStreet Quant Ratings rates Dillard’s, Inc. (NYSE:DDS) as a buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Dillard’s, Inc. (NYSE:DDS) shares closed at $90.17 on last trade day, by gaining 7.86%. Stock 52 week range is $75.33 – $97.87. Company’s market capitalization is $3.96 billion.
In December, Sears Holdings Corp. (NASDAQ: SHLD) filed with the U.S. Securities and Exchange Commission to spin-off its Lands’ End stores, leaving the Auto Centers for a potential spin-off or sale, and all the real estate. Now the real estate is available at a website operated by Seritage Realty Trust. Nowhere on the website is Seritage identified as a subsidiary of Sears, and a Sears spokesman told Bloomberg News: Sears Holdings Corp (NASDAQ:SHLD) stock advanced 2.47% and finished the last session at $38.99. The EPS of the stock remained -14.11. Company’s market capitalization is $4.15 billion.
Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) is a retailer primarily focused on selling home appliances, hardware, tools and lawn and garden equipment. As of April 28, 2012, the Company and its dealers and franchisees operated 1,238 stores across all 50 states and Puerto Rico, Guam and Bermuda. The Company also provides its customers with a range of services, including home delivery and installation and product protection agreements. SHO operates in two segments: the Sears Hometown and Hardware segment and the Sears Outlet segment. Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) stock opened at $22.95 in last trading session and closed at $23.47. The 52 week range of the stock is $20.51 – $57.44 and the day range was $22.82 – $23.69.