It's Tuesday, June 9th. Welcome to Market Foolery. I'm Chris Hill with me today, Mr.

Jason Moser. Good to see you, my friend.

Hey, how are you? I'm doing all right. We've got some retail, we've got some retail we've got some apparel we're going to

dip into the full mail bag we've got some cloud software earnings to get to we're

gonna start with Macy's because Macy's is scheduled to come out with their first quarter report

in a few weeks but preliminary results out today indicating Macy's loss is going to be a little

smaller than Wall Street was expecting.

They've also raised four and a half billion dollars in debt to help shore up the balance sheet.

So what do you think, Jason?

It's a little better for Macy's, yes?

Yeah, I mean, it is better in the sense that they have bought themselves some more time.

You know, we always talk about it's tough to use debt to get yourself out of debt.

And some point down the line, Macy's

going to, they're going to have to figure out

how to reconcile that.

But for now, I mean, this does buy them time time which is really what they need most of

in a very close second is shoppers right

But I mean you go back a year okay okay, go back a year from today.

We were talking about Macy's and the challenges the business was facing

well before the pandemic ever hit.

I mean at that point from 2015 on top line revenue had had fallen 11%

net income had fallen 33% earnings per share were down 22% and then I mean

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