Macy's

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in New York, NY.

Earnings data Q4 2020

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Macy's reports 15% revenue growth, cautious about consumer trends

Macy's is navigating through uncertain periods, maintaining a focus on customer service and business improvement. The company used a scientific approach to guide their second quarter and full-year projections, considering one-year CAGR, two-year CAGR, and 2019 data.

Macy's reports Q2 sales decline, focuses on strategic growth initiatives

Macy's Q2 performance saw declines in net sales but emphasized strategic initiatives for revenue growth and agility in inventory management. Challenges in achieving profitability were acknowledged, but opportunities in cost savings and small-format stores were highlighted.

Macy's reports Q3 decline, highlights strengths and growth opportunities

Macy's Q3 2023 earnings call revealed a decline in net sales, with notable strengths in specific categories and a focus on growth opportunities through strategic initiatives. The company also addressed challenges and provided insights into its future outlook and leadership transition.

Macy's reports solid Q4 earnings, focuses on growth strategies

Macy's navigated challenges in Q3 and Q4, learning from gifting success and focusing on long-term growth drivers.
Strategic investments in private brands, off-mall stores, and marketplace expansion position Macy's for future success.
Despite macro pressures and consumer dynamics, Macy's remains committed to sustainable growth through margin expansion.
Digital capabilities and personalized pricing initiatives are key focus areas for Macy's to drive growth and enhance customer experience.

Macy's Q1 2024: Sales Challenges Amid Resilience and Growth Focus

Macy's Q1 2024 faced challenges from macro headwinds and consumer behavior shifts, impacting sales but showing resilience in certain categories.
Efforts to manage inventory, improve margins, and focus on growth vectors like private brands and omnichannel experiences are key strengths.
Opportunities in promotions, merchandise margins, and attracting younger customers through digital strategies are on the horizon.
Despite challenges, Macy's remains cautiously optimistic, prepared for market uncertainties, and focused on strategic growth initiatives.

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Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.

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Macy's (M) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Macy's (M) is Poised to Beat Earnings Estimates Again

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Macy's Inc (NYSE:M) will join the growing list of retailers to report earnings, with its second-quarter report due out before the open on Tuesday, Aug. 22.

Macy's Readies to Report Q2 Earnings

Unlike its closest two peers (Kohl's and Nordstrom), Macy's stock has been trading down for some time and is currently greatly undervalued. M's real estate assets are likely worth more than its market cap, and unlocking value from these assets should be a top priority. Meaningfully accelerating buybacks will reward long-term shareholders.

Macy's: Greatly Undervalued, Extracting Value From Real Estate, Stock Buybacks And Potential Catalysts

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced that Massimo (Max) Magni has been named chief customer and digital officer. Max will begin leading the company's customer and digital organization on Monday, August 21, reporting to Tony Spring, president and CEO-elect, Macy's, Inc. In this role, Max will guide the strategic long-term vision and growth of Macy's, Inc.'s digital business, aligned on customer-centric strategies that leverage data and analytics to enhance the consum.

Macy's, Inc. Names Massimo (Max) Magni Chief Customer and Digital Officer

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ORLANDO, FL / ACCESSWIRE / August 15, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its second quarter ended June 30, 2023. Wayne Tupuola, chief executive officer of Laser Photonics, commented: "Our second quarter was a mixed bag as sales, which given the capex and low volume nature of our business, were lumpy, but we benefited from continued strong gross margins.

Laser Photonics Announces Second Quarter 2023 Results

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NEW YORK--(BUSINESS WIRE)--Macy's kicks off the back-to-school season with a wide range of fashion and accessories from stylish sneakers to trendy denim and tees, for all ages. Macy's offers an unsurpassed shopping experience that goes beyond supplies, providing brands, value, and inspiration for owning your style. Shop the Macy's back-to-school assortment in-store, online on Macys.com, or through the Macy's app. Macy's inspires students to express their one-of-a-kind style and provides parents.

Ace Your Vibe This Back-To-School Season with Macy's

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) will report its second quarter 2023 sales and earnings results on Tuesday, August 22, 2023. The company will host a call and webcast with financial analysts and investors that day at 8:00 a.m. EDT. The call will be hosted by Macy's, Inc. Chairman and Chief Executive Officer Jeff Gennette, President and Chief Executive Officer-elect Tony Spring and Chief Operating Officer and Chief Financial Officer Adrian Mitchell. The general public and the med.

Macy's, Inc. to Report Second Quarter 2023 Results on August 22, 2023

Shares of Macy's Inc (NYSE:M), one of our top stock picks for 2023, are 1.4% lower this afternoon at $16.11.

Macy's Stock Sports Intriguing Entry Point

Macy's faces challenges with declining sales and market share due to changing consumer behavior and economic uncertainties. The company possesses valuable real estate assets that could act as a safety net during tough economic times. Nevertheless, Macy's strong balance sheet, low debt levels, and low valuation indicate that the market may have already factored in its challenges.

Macy's: Declining Sales A Concern But Not Worth Selling The Stock Over

Q2 2023 Activities Update LONDON, UK / ACCESSWIRE / July 31, 2023 / Trident Royalties Plc ("Trident" or the "Company")(AIM:TRR)(OTCQX:TDTRF), the diversified mining royalty company, is pleased to provide an update on its activities during the quarter ended 30 June 2023. HIGHLIGHTS Quarterly receipts of US$2.34 million from exposure to gold, copper, and iron ore.

Trident Royalties PLC Announces Q2 2023 Activities Update

Macy's, Inc. (NYSE:M) earnings are likely to face pressure from consumers shifting to online pureplay channels, analysts at UBS believe. That could lead the US retailer to disappoint when it comes to its earnings in 2023 and longer-term, according to the analysts.

Macy's under pressure as consumers shift to online channels, analysts warn

DUBLIN--(BUSINESS WIRE)--Avolon, the international aircraft leasing company, announces results for the second quarter (Q2) of 2023. 2023 SECOND QUARTER | FINANCIAL HIGHLIGHTS INCOME STATEMENT (US$M) Q2 2023 Q2 2022 CHANGE CHANGE% Lease Revenue 613 539 74 +14% Operating Cashflow 371 305 66 +22% Net Income 76 8 68 9x EBITDA 578 486 92 +19% BALANCE SHEET (US$M) Q2 2023 FY 2022 CHANGE CHANGE% Total Available Liquidity (incl contracted sales)  7,263 5,567 1,696 +30% Total Assets 29,985 30,796 (811).

2023 Second Quarter Results

Macy's plans to launch private brands, make over some existing brands and ditch others in the coming years.

As Macy's stock struggles, the retailer bets on private brands with more modern looks

The department-store chain tackles the problem of inconsistent sizing with new private-label brand, On 34th.

Macy's Launches New Brand Promising Better-Fitting Clothes

NEW YORK--(BUSINESS WIRE)--Macy's introduces its new private brand, On 34th, a women's apparel and accessories collection of classics made for modern life. Designed for women, by women, the collection features wardrobe staples like the perfect pant and special pieces like the sequin skirt, to make her smile with enough “wow” to inspire women to escape the ordinary and run their world. On 34th is the first new brand unveiled as part of the company's reimagined customer-centric private brands por.

Macy's Unveils On 34th as Part of its Reimagined Brand Portfolio

Macy's Wants Your Size 8 Dress to Fit Like One

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TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced record revenue of US$52.6 million for the second quarter of 2023, translating to record metal sales of 26,616 gold equivalent ounces1 (“GEOs”). All dollar amounts are expressed in US dollars. Preliminary Q2 2023 Sales and Revenue GEOs Sold and Revenue by Commodity2   Q2 2023   Q2 2022   GEOs Sold   Revenue (US$M)   GEOs Sold   Revenue (US$M) Gold.

Triple Flag Announces Record Metals Sales for Q2 2023 and Results Release Date

Macy's is facing headwinds from multiple directions, and it revised its full-year outlook downward after the first quarter. It has taken many actions to improve its condition, but its business model feels irrelevant in today's retail market.

Why Macy's Stock Plummeted 22% in the First Half of 2023

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FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal second quarter ended May 31, 2023. Consolidated Financial Highlights for the Fiscal 2023 Second Quarter: (Amounts may not add or compute due to rounding)       Q2 FY23   Q2 FY22   Net Change from Q2 FY22 Revenue ($M)   $ 14,062.1     $ 15,269.8     (7.9 )% Non-GAAP gross billings ($M)(1)   $ 18,715.9     $ 19,684.5     (4.9 )% Operating income ($M)   $ 252.9     $ 252.7  .

News for Macy's Stock (M)