Macy’s vs Meituan: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Macy’s Inc (M)

Q3 202618 Jun – 25 Aug 2026

▲4

Macy's turnaround gains traction as Berkshire buys in and outlook rises

Strong Q1 results and raised outlook Macy's reported its strongest first-quarter comparable sales in four years, up 3%, with all nameplates positive. Management raised its 2026 sales and earnings guidance, signaling that its turnaround plan is working and boosting investor confidence.
This is the core fundamental driver showing the company's health is improving, which directly supports a higher stock price.
Berkshire Hathaway's new stake Berkshire Hathaway, led by new CEO Greg Abel, disclosed a new 3.04 million-share stake in Macy's, its first-ever investment in the company. This vote of confidence from a legendary investor attracted attention and helped push the stock up.
Berkshire's investment is a major external validation that can change how other investors view the stock, directly impacting demand for shares.
Berkshire increases its Macy's bet Berkshire Hathaway more than doubled its Macy's stake in the second quarter, boosting it by 142%. Although the dollar amount was small, the increased position reinforced the signal that Berkshire sees value in the retailer.
This follow-up buying shows Berkshire's conviction is growing, which can further support the stock price by attracting other investors.
Luxury banners drive momentum Bloomingdale's and Bluemercury are performing well, with comparable sales up 10.2% and 6.4%. Macy's is expanding luxury offerings and raising its fiscal 2026 outlook, citing this momentum as a key growth driver.
The luxury segment is a bright spot that justifies the raised guidance and shows the turnaround strategy is gaining traction, supporting higher earnings expectations.

July 202618 Jun – 25 Aug 2026

▲4

Macy's turnaround gains traction as Berkshire buys in and outlook rises

Strong Q1 results and raised outlook Macy's reported its strongest first-quarter comparable sales in four years, up 3%, with all nameplates positive. Management raised its 2026 sales and earnings guidance, signaling that its turnaround plan is working and boosting investor confidence.
This is the core fundamental driver showing the company's health is improving, which directly supports a higher stock price.
Berkshire Hathaway's new stake Berkshire Hathaway, led by new CEO Greg Abel, disclosed a new 3.04 million-share stake in Macy's, its first-ever investment in the company. This vote of confidence from a legendary investor attracted attention and helped push the stock up.
Berkshire's investment is a major external validation that can change how other investors view the stock, directly impacting demand for shares.
Berkshire increases its Macy's bet Berkshire Hathaway more than doubled its Macy's stake in the second quarter, boosting it by 142%. Although the dollar amount was small, the increased position reinforced the signal that Berkshire sees value in the retailer.
This follow-up buying shows Berkshire's conviction is growing, which can further support the stock price by attracting other investors.
Luxury banners drive momentum Bloomingdale's and Bluemercury are performing well, with comparable sales up 10.2% and 6.4%. Macy's is expanding luxury offerings and raising its fiscal 2026 outlook, citing this momentum as a key growth driver.
The luxury segment is a bright spot that justifies the raised guidance and shows the turnaround strategy is gaining traction, supporting higher earnings expectations.

Latest18 Jun – 25 Aug 2026

▲4

Macy's turnaround gains traction as Berkshire buys in and outlook rises

Strong Q1 results and raised outlook Macy's reported its strongest first-quarter comparable sales in four years, up 3%, with all nameplates positive. Management raised its 2026 sales and earnings guidance, signaling that its turnaround plan is working and boosting investor confidence.
This is the core fundamental driver showing the company's health is improving, which directly supports a higher stock price.
Berkshire Hathaway's new stake Berkshire Hathaway, led by new CEO Greg Abel, disclosed a new 3.04 million-share stake in Macy's, its first-ever investment in the company. This vote of confidence from a legendary investor attracted attention and helped push the stock up.
Berkshire's investment is a major external validation that can change how other investors view the stock, directly impacting demand for shares.
Berkshire increases its Macy's bet Berkshire Hathaway more than doubled its Macy's stake in the second quarter, boosting it by 142%. Although the dollar amount was small, the increased position reinforced the signal that Berkshire sees value in the retailer.
This follow-up buying shows Berkshire's conviction is growing, which can further support the stock price by attracting other investors.
Luxury banners drive momentum Bloomingdale's and Bluemercury are performing well, with comparable sales up 10.2% and 6.4%. Macy's is expanding luxury offerings and raising its fiscal 2026 outlook, citing this momentum as a key growth driver.
The luxury segment is a bright spot that justifies the raised guidance and shows the turnaround strategy is gaining traction, supporting higher earnings expectations.

Meituan (3690.HK)

Q3 202617 Jun – 28 Aug 2026

▲2▼2

Meituan's subsidy war cools as Q2 profit returns, but Alibaba and JD keep fighting

New subsidy rules curb the cash-burning delivery war China's market regulator proposed 10 rules banning prolonged, large-scale subsidy wars in food delivery. Meituan has burned huge cash defending its share, so less forced discounting should improve its long-term profit per order, even though the shares dipped on the day.
Regulation directly changes the competitive economics that have crushed Meituan's margins.
Alibaba bids $1.5B for Pupu, reigniting grocery-delivery rivalry Alibaba offered $1.5 billion for grocery delivery firm Pupu, months after Meituan agreed to buy Dingdong Fresh for $717 million. The bidding war shows rivals are again spending to win market share rather than protect profits, which pressures Meituan to keep investing.
A direct competitive escalation that could reverse the profit-friendly subsidy truce.
JD.com stays aggressive in delivery despite calmer fight JD beat profit estimates as its food delivery losses narrowed, and still targets 30% of the instant-delivery market by year-end, double its starting share. Even with regulators warning against aggressive competition, JD's expansion keeps pressure on Meituan's share and pricing.
Shows the competitive threat is structural, not fading, even as JD's losses shrink.
Record Q2 revenue and return to core profitability Meituan posted record quarterly revenue of RMB104.6 billion, up 14.4%, with adjusted net profit of RMB2.5 billion and core local commerce back in profit. It holds RMB168.3 billion cash and may sell investments worth over RMB70 billion to fund growth and returns.
The clearest evidence yet that Meituan's core business can make money again.

July 202617 Jun – 28 Aug 2026

▲2▼2

Meituan's subsidy war cools as Q2 profit returns, but Alibaba and JD keep fighting

New subsidy rules curb the cash-burning delivery war China's market regulator proposed 10 rules banning prolonged, large-scale subsidy wars in food delivery. Meituan has burned huge cash defending its share, so less forced discounting should improve its long-term profit per order, even though the shares dipped on the day.
Regulation directly changes the competitive economics that have crushed Meituan's margins.
Alibaba bids $1.5B for Pupu, reigniting grocery-delivery rivalry Alibaba offered $1.5 billion for grocery delivery firm Pupu, months after Meituan agreed to buy Dingdong Fresh for $717 million. The bidding war shows rivals are again spending to win market share rather than protect profits, which pressures Meituan to keep investing.
A direct competitive escalation that could reverse the profit-friendly subsidy truce.
JD.com stays aggressive in delivery despite calmer fight JD beat profit estimates as its food delivery losses narrowed, and still targets 30% of the instant-delivery market by year-end, double its starting share. Even with regulators warning against aggressive competition, JD's expansion keeps pressure on Meituan's share and pricing.
Shows the competitive threat is structural, not fading, even as JD's losses shrink.
Record Q2 revenue and return to core profitability Meituan posted record quarterly revenue of RMB104.6 billion, up 14.4%, with adjusted net profit of RMB2.5 billion and core local commerce back in profit. It holds RMB168.3 billion cash and may sell investments worth over RMB70 billion to fund growth and returns.
The clearest evidence yet that Meituan's core business can make money again.

Latest17 Jun – 28 Aug 2026

▲2▼2

Meituan's subsidy war cools as Q2 profit returns, but Alibaba and JD keep fighting

New subsidy rules curb the cash-burning delivery war China's market regulator proposed 10 rules banning prolonged, large-scale subsidy wars in food delivery. Meituan has burned huge cash defending its share, so less forced discounting should improve its long-term profit per order, even though the shares dipped on the day.
Regulation directly changes the competitive economics that have crushed Meituan's margins.
Alibaba bids $1.5B for Pupu, reigniting grocery-delivery rivalry Alibaba offered $1.5 billion for grocery delivery firm Pupu, months after Meituan agreed to buy Dingdong Fresh for $717 million. The bidding war shows rivals are again spending to win market share rather than protect profits, which pressures Meituan to keep investing.
A direct competitive escalation that could reverse the profit-friendly subsidy truce.
JD.com stays aggressive in delivery despite calmer fight JD beat profit estimates as its food delivery losses narrowed, and still targets 30% of the instant-delivery market by year-end, double its starting share. Even with regulators warning against aggressive competition, JD's expansion keeps pressure on Meituan's share and pricing.
Shows the competitive threat is structural, not fading, even as JD's losses shrink.
Record Q2 revenue and return to core profitability Meituan posted record quarterly revenue of RMB104.6 billion, up 14.4%, with adjusted net profit of RMB2.5 billion and core local commerce back in profit. It holds RMB168.3 billion cash and may sell investments worth over RMB70 billion to fund growth and returns.
The clearest evidence yet that Meituan's core business can make money again.