Macy's (M) - Department Store For The Masses
Description
Macy's is one of the iconic American department stores that has survived over the decades, even after rapid consolidation in the industry. Although the company has an impressive past, the finances of the company struggled during the pandemic, but have since rebounded. Can Macy's offer a compelling return to investors today, given it's cheap valuation?
00:00 - Intro
00:49 - History
03:49 - Business Model
07:07 - Financials
13:08 - Valuation and Final Thoughts
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United States
