Experts say Shein's U.S. IPO is all but dead [CNBC]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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US:NYSE Investor Relations:
macysinc.com/ir
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Source: CNBC
The company, last valued at $66 billion, confidentially filed to go public in the U.S. in November. Since then, it has faced resistance as it tries to join the American retail sphere, including through numerous rejected attempts to become a member of the National Retail Federation, the industry's largest trade association, CNBC previously reported. The e-commerce upstart filed to go public while becoming a household name in the U.S. by offering low prices and a facility to offer new styles quickly. The company is poised to take major market share from U.S. retailers, particularly Gap TJX Companies and Macy's , according to UBS data from last year, and continues to challenge Target Walmart and Amazon But as political resistance to its U.S. IPO mounts, Shein is seemingly shifting gears, as it reportedly prepares to confidentially file for a £50 billion offering in London in the coming weeks. The company likely would have preferred to list in the U.S., because the offering could bri
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M
Earnings
- 5/21/24 - Beat
M
Sec Filings
- 6/21/24 - Form 11-K
- 6/3/24 - Form S-8
- 6/3/24 - Form S-8
- M's page on the SEC website