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.

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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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NEW YORK--( BUSINESS WIRE )--Today, Macy's launches PATTERN Beauty with the brand's extensive assortment of washes, treatments, styling tools and more. As the brand's first-ever department store partner, PATTERN expands Macy's portfolio of haircare products, specifically in the curl category. PATTERN Beauty's haircare products and tools with prices ranging from $9 to $25, including the Detangling Nectar, Curl Mousse, Edge Tool and more are available to shop on macys.com, Macy's mobile app and at select Macy's stores nationwide.

PATTERN Beauty Launches at Macy's, Expanding the Retailer's Growing Haircare Portfolio

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Macy's Inc (NYSE: M) is trading up this morning after a Goldman Sachs analyst said it was one of the best-positioned names in the retail space.

Goldman Sachs reveals one of the best-positioned retail stocks

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Goldman Sachs weighed in on three retail giants today, issuing analyst notes to Macy's Inc (NYSE:M), Kohl's Corporation (NYSE:KSS), and Nordstrom Inc (NYSE:JWN).

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NEW YORK--( BUSINESS WIRE )--Macy's announces the launch of Shash Diné Hotel Collection®, a limited-edition array of home pieces created for Macy's and curated by Baya Meehan, founder and CEO of Shash Diné EcoRetreat, a “glamping” hotel in Arizona. The Shash Diné for Hotel Collection features quilts, comforters, blankets, kimonos, robes, towels and throws. These Navajo-inspired radiant products allow customers to own their style and bring a piece of the Southwest into their homes. Prices range from $70.00-$500.00, and is now available on macys.com, Macy's mobile app and at select Macy's nationwide.

Macy's and Shash Diné Launch Limited Edition Home Designs for the Hotel Collection®

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Amid store closures and a tough holiday season, Macy's CEO Jeff Gennette talks new opportunities, a shift in strategy, and the importance of DEI.

Here's how Macy's is doing business differently, according to the brand's Chairman and CEO

During an interview during NRF 2023: Retail's Big Show, Macy's CEO Jeff Gennette said gift giving periods 'were quite strong' but that there was a decrease in self purchases.

Macy's CEO is 'cautious' about consumer spending after seeing dip in self purchases

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Macy's lowered its guidance and investors should take note, if this develops into a trend across the retail sector it could bring down the entire S&P 500 index

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The inaugural fundraising and awareness campaign of the new multi-year partnership connects the power of mentorship to more youth across the nation TAMPA, Fla. , Jan. 10, 2023 /PRNewswire/ -- In celebration of National Mentoring Month, Big Brothers Big Sisters of America (BBBSA), the nation's preeminent one-to-one youth mentoring organization, is thrilled to announce fundraising results from Macy's holiday campaign.

Macy's Holiday Fundraising Campaign Raises $4.8 Million to Support Big Brothers Big Sisters of America

Macy's (M) anticipates sales to be at the lower-end to mid-point of its earlier guided range. It is constantly making moves to offer a seamless customer experience.

Macy's (M) Updates Q4 View, Strategic Endeavors on Track

The long established retail store and New York favorite sells apparel, accessories, cosmetics, home furnishings and other consumer goods. The post Macy's Eyes Lower Holiday Sales Due To Inflation Pressure.

Macy's Eyes Lower Holiday Sales Due To Inflation Pressure. Is Macy's Stock A Buy?

Macy's updated FQ4 numbers with the target shifted to the low-end to mid-point of the prior range. The department store retailer is still guiding to a $4+ EPS in a very tough year.

Macy's: Surviving The Dreary Winter

Macy's, Inc. (NYSE:M ) ICR's 25th Anniversary Conference 2023 January 9, 2023 9:00 AM ET Company Participants Jeff Gennette - Chairman and Chief Executive Officer Adrian Mitchell - Chief Financial Officer Nata Dvir - Chief Merchandising Officer Conference Call Participants Oliver Chen - Cowen and Company Oliver Chen Hi, everybody. We're thrilled to have Macy's here.

Macy's, Inc. (M) Presents at ICR's 25th Anniversary Conference 2023 (Transcript)

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Macy's Inc M shares are trading lower Monday after the company provided a fourth-quarter update ahead of its presentation at the 2023 ICR Conference.

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Lululemon Athletica and Macy's stock took hard hits early Monday, after Q4 warnings placed retail stocks under pressure. The post Lululemon, Macy's Warnings Put Retail Stocks Under Pressure appeared first on Investor's Business Daily.

Lululemon, Macy's Warnings Put Retail Stocks Under Pressure

Macy's rocky holiday season signals consumers are hesitant to use plastic — particularly private-label cards. Friday after the stock markets closed, the retailing giant issued a press release that noted that fourth quarter sales, which includes the all-important holiday shopping season, will come at the lower end of its forecast.

Macy's Holiday Warning Portends Pressure on Private-Label Card Spending

Macy's Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy's hints at consumer weakness The department store chain had guided for $1.47 to $1.67 of per-share earnings (adjusted) for its holiday quarter on $8.16 billion to $8.40 billion in revenue.

Macy's lowers its revenue guidance for the holiday quarter

Macy's CEO Warns of Continued Consumer Spending Pressure in 2023.

Macy's Sales Take a Lull: Is the Grinch to Blame?

Macy's Inc said on Friday it expects fourth-quarter sales to come in at the lower end of its forecast, blaming a deeper-than-expected lull in shopping between the season's major holidays.

News for Macy's Stock (M)