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

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

adidas AG

Disney

Global-e Online Ltd

Nordstrom

Shopify

Global-e has demonstrated robust growth since going public in 2021. Net loss has been growing as the company expands.

Why Global-e Stock Dropped 14% in April

Q1 2023 Activities Update LONDON, UK / ACCESSWIRE / May 3, 2023 / Trident Royalties Plc (AIM:TRR)(OTCQX:TDTRF), the diversified mining royalty company, is pleased to provide an update on its activities during the quarter ended 31 March 2023. HIGHLIGHTS Q1 royalty receipts & cash position Record quarterly receipts of US$3.6 million from exposure to gold, copper, and iron ore.

Trident Royalties PLC Announces Q1 2023 Activities Update

This Summer, the iconic retailer partners with Anna Dello Russo to curate the latest pop-up shop to transport customers to a dreamy European holiday. NEW YORK , May 1, 2023 /PRNewswire/ -- Bloomingdale's announced today The Carousel @ Bloomingdale's: European Holiday Curated by Anna Dello Russo.

BLOOMINGDALE'S ANNOUNCES THE CAROUSEL @ BLOOMINGDALE'S: EUROPEAN HOLIDAY CURATED BY ANNA DELLO RUSSO

NEW YORK--(BUSINESS WIRE)--This May, Macy's welcomes 25 business owners to the 2023 class of The Workshop at Macy's, the retail industry's longest-running retail accelerator program dedicated to driving growth and providing opportunity to diverse and women-owned retail businesses. This spring, the 2023 class will have a new opportunity to access Macy's holistic supplier ecosystem, critical education and funding resources, new customers through a pop-up shop on macys.com and $250,000 in business.

The Workshop at Macy's Welcomes 2023 Class

Home Depot

Target

Pitting three brick-and-mortar retailers against each other in this dividend stock analysis.

Best Dividend Stock to Buy Now: Home Depot vs. Target vs. Macy's

DUBLIN--(BUSINESS WIRE)--Avolon, the international aircraft leasing company, announces results for the first quarter (Q1) of 2023. 2023 FIRST QUARTER | FINANCIAL HIGHLIGHTS INCOME STATEMENT ($M) Q1 2023 Q1 2022 CHANGE Lease Revenue 599 658 (59) Operating Cashflow 310 320 (10) Reported Net Income 56 (182) 238 Adjusted Net Income* 56 80 (24) BALANCE SHEET ($M) Q1 2023 FY 2022 CHANGE Total Available Liquidity 5,527 5,567 (40) Total Assets 30,224 30,796 (572) Secured Debt / Total Assets 21% 22% (1%.

2023 First Quarter Results

Results position Focus Graphite as a potentially unique North American supplier of high-purity natural flake graphite concentrates for use in high-performance Li-Ion batteries. KINGSTON, ON / ACCESSWIRE / April 19, 2023 / Focus Graphite Inc. (TSX.V:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") today announced the filing of a National Instrument 43-101 ("NI 43-101") technical report (the "Technical Report") in support of the Feasibility Study Update (FSU) for the Company's Lac Knife high-grade crystalline flake graphite project located near Fermont, Québec, on the Nitassinan (ancestral lands) of the community of Innu Takuaikan Uashat mak Mani-utenam (ITUM).

Focus Graphite Files Lac Knife Graphite Project Feasibility Study Technical Report

Altria

Newell Brands

Don't be fooled by high-yielding dividend stocks. Often, dividends are used to mask problems at a company in the same way that air fresheners are used to cover up putrid smells.

3 Dividend Stocks to Sell Before They Get Downgraded by Analysts

Laser Photonics Corp

Full-year revenue growth of 18%; Full-year GAAP Net Loss (including $1.9 million of costs tied to IPO) of $1.0 million; Full-year Adjusted EBITDA of $1.2 million (+21%) ORLANDO, FL / ACCESSWIRE / April 17, 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 fourth quarter and full-year fiscal ended December 31, 2022. "The fourth quarter was our first as a public company following our successful early October IPO where we raised net proceeds of $12.9 million," said Wayne Tupuola, chief executive officer of Laser Photonics.

Laser Photonics Announces Fourth Quarter and Full-Year Fiscal 2022 Results

Macy's (M) has been strengthening its omnichannel capabilities with investments in data and analytics. It is constantly making moves to offer a seamless customer experience.

Macy's (M) Omnichannel Initiatives Appear Encouraging

Triple Flag Precious Metals Corp

TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced record revenue of $50.3 million for the first quarter of 2023, translating to record metal sales of 26,599 gold equivalent ounces1 (“GEOs”). All dollar amounts are expressed in US dollars.

Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date

General Electric

ON Semiconductor

Revance Therapeutics

Cleveland-Cliffs

Deere & Company

Freeport-McMoRan

Well-known investment advisor Ed Yardeni believes that U.S. stocks are poised to rally this year. Speaking to CNBC last week, Yardeni said that the banking mini-crisis will be “very well-contained” by the Federal Reserve and Federal Deposit Insurance Corporation (FDIC).

7 Stocks to Buy for the Massive Rally Ahead

Tony Spring, the chairman and CEO of Bloomingdale's, has been named to succeed Mr. Gennette after the retailer engaged in "a rigorous succession planning process that included an internal and external search.

What Jeff Gennette's Retirement Means For Macy's

Heading into the first week of the month, Macy's, Inc (NYSE: M) demonstrated they are no April fool as their pandemic emergence plan has put them in a furtive position. JP Morgan Analyst Matthew Boss raised Macy's stock rating from Neutral to Overweight, bumping his price target from $28 to $29.

Macy's Gets Upgrade From JP Morgan On Renewed Confidence

Macy's (M) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Macy's (M): Can Its 7.5% Jump Turn into More Strength?

JPMorgan Securities upgraded Macy's Inc (NYSE:M) to "overweight" from "neutral" this morning, while also hiking its price target by $1 to $29.

Analyst: Macy's Stock Boasts Solid Setup

Macy's, Inc. (NYSE:M ) J.P. Morgan 9th Annual Retail Round-Up Conference March 30, 2023 8:00 AM ET Company Participants Jeff Gennette - Chief Executive Officer Adrian Mitchell - Chief Financial Officer Conference Call Participants Matt Boss - J.P.

Macy's, Inc. (M) Presents at J.P. Morgan 9th Annual Retail Round-Up Conference (Transcript)

DoorDash

Shift4 Payments

Whirlpool

Whirlpool, Macy's, DoorDash, and Shift4 Payments may be ripe for acquisition when mergers get their mojo back, according to a screen by Wolfe Research.

4 Buyout Contenders When Deal Making Comes Back

Canaan Inc.

Faraday Future Intelligent Electric

XPeng

Bumble

Ruth's Hospitality Group

Swatch Group AG/The

With the banking sector fallout in the U.S. sparking jitters abroad, investors may want to consider identifying the potentially worst stocks for a bear market. To be 100% clear, I'm not advocating that you should sell any of the below equities right now.

The 7 Worst Stocks to Buy if We Enter a New Bear Market Soon

Macy's CEO Jeff Gennette will leave the company in February. But hopes for company growth, younger consumers, and the importance of DEI remain.

Macy's CEO to step down. Here's what the future of the brand looks like and the strategy to engage younger consumers

Macy's Chairman and CEO Jeff Gennette will retire in February 2024.

Macy's CEO Jeff Gennette to Retire in February 2024

Macy's (NYSE: M ) stock is a hot topic among traders on Wednesday as the company reveals succession plans for its new CEO. This succession plan comes as current Macy's CEO Jeff Gennette plans to retire from the company in February 2024.

M Stock Alert: What to Know as Macy's Announces CEO Succession Plan

The position of president has been vacant since 2019 when Hal Lawson became president and CEO of Tractor Supply Co.

Macy's Gennette Sets Retirement Date, Tony Spring Is His Successor

One of the highest profile jobs in retail will change hands next year.

Macy's will have a new CEO. He's from Bloomingdale's

Jeff Gennette joined Macy's in 1983 as an executive trainee and worked his way up the ranks, becoming CEO in 2017.

News for Macy's Stock (M)