Macy’s, Inc. (NYSE:M) strength is, once again, its margin push. Nordstrom had a drop in gross margin that worked its way through the income sheet. While I like Nordstrom due to its focus on customers and its almost single-minded focus on omnichannel, Macy’s just edges it out.
At the end of the day, I’ll actually take either company. Macy’s seems to be winning the battle right now, but there’s nothing stopping Nordstrom from jumping out into the lead. I think Nordstrom may be playing the better long game right now, but only time will tell if it can take the title from Macy’s.
The article The Best Department Store on Wall Street? originally appeared on Fool.com and is written by Andrew Marder.
Fool contributor Andrew Marder has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.
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