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.

Shoppers spent less on electronics and jewelry, but more on food.

Macy's Reports Uneven Holiday Season as Inflation Continued to Pressure Consumers

Shares of department-store chain Macy's Inc. slid 8% in after-hours trading on Friday after the retailer gave a more downbeat forecast on its fourth-quarter sales, with management citing big “lulls” in the holiday-shopping season and saying customers would likely feel the squeeze from inflation into next year.

Macy's stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023

Macy's on Friday cut its holiday-quarter sales forecast, saying consumers' budgets are under pressure and that it expects the squeeze to continue into this year.

Macy's cuts holiday-quarter forecast citing squeeze on shoppers' wallets

NEW YORK--( BUSINESS WIRE )--Macy's, Inc. (NYSE: M) today announced updates to its fiscal fourth quarter sales and adjusted EPS guidance provided on its November 17, 2022 earnings call. Net sales are now expected to be at the low-end to mid-point of the previously issued range of $8,161 to $8,401 million while adjusted diluted earnings per share are expected to be in the previously issued range of $1.47 to $1.67. On a percentage basis, total end-of-quarter inventories are on track to be slightly below last year and down mid-teens relative to 2019.

Macy's, Inc. Provides Fourth Quarter 2022 Update Ahead of the ICR Conference

Department Stores are in green, performing well in the Consumer Cyclical sector, which rebounds as a whole. Macy's technical setup shows a deceptive type of indecisiveness.

Macy's: Shopping For A Gift For Your Own Portfolio (Technical Analysis)

Macy's will be closing four locations in four states, a Macy's spokesperson confirmed to FOX Business on Thursday. The news was first reported by Axios.

Macy's shuttering four locations

Macy's (M) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Here is What to Know Beyond Why Macy's, Inc. (M) is a Trending Stock

Retailer will open its third "Bloomie's" location in University Village NEW YORK , Jan. 4, 2023 /PRNewswire/ -- Bloomingdale's today announced its entry into Seattle with the opening of "Bloomie's." Following the successful introduction of Bloomie's in the greater Chicagoland area earlier this year, and Fairfax, Virginia, in 2021, the retailer's smaller format store is set to open on the west coast in 2023.

Bloomingdale's Enters the Seattle Market with New Bloomie's Concept

NEW YORK--( BUSINESS WIRE )--Macy's, Inc. (NYSE: M) today announced that Jeff Gennette, chairman and chief executive officer, Adrian Mitchell, chief financial officer, and Nata Dvir, Macy's chief merchandising officer, will be participating in the 2023 ICR Conference in Orlando, FL. The company is scheduled to present at 9:00 a.m. ET on Monday, January 9, 2023.

Macy's, Inc. to Participate in the 2023 ICR Conference

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The giant department store operator is adjusting to a new environment.

What the Smartest Investors Know About Macy's Stock

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Is Trending Stock Macy's, Inc. (M) a Buy Now?

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Macy's (M) Polaris strategy includes strengthening customer relationships, expansion of assortments, accelerating digital growth, optimizing store portfolio and reducing costs.

Macy's (M) Polaris Strategy & Digital Efforts Bode Well

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As a long-established and well-liked department store, Macy's Inc.'s ( M , Financial) recent quarterly numbers could be a positive sign for its future. During the pandemic, when most other retailers were suffering from a shortage of supplies, the company managed to stay afloat by maintaining the necessary inventory levels and not suffering from the same overstocks that troubled many of its competitors.

Macy's Is Giving Investors Plenty of Reasons to Cheer

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Is Most-Watched Stock Macy's, Inc. (M) Worth Betting on Now?

Macy's, Inc. (NYSE:M ) Morgan Stanley Global Consumer & Retail Conference Transcript December 7, 2022 8:00 AM ET Company Participants Adrian Mitchell - Chief Financial Officer Conference Call Participants Alex Straton - Morgan Stanley Alex Straton Okay. Good morning, everybody.

Macy's, Inc. (M) Management Presents at Morgan Stanley Global Consumer & Retail Conference (Transcript)

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Macy's has been pursuing opportunities to grow its business through store-within-a-store partnerships and is now teaming up with Claire's to open shops inside 21 Macy's stores.

Claire's Deal Raises Questions About Macy's Overreliance On Partnerships

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FORT LAUDERDALE, Fla.--( BUSINESS WIRE )--FIT:MATCH, the digital twin platform, announced today the launch of its award-winning bra fitting experience in select Macy's stores this holiday season. The technology gives shoppers the opportunity to get scanned and then, within seconds, matched to their best-fitting bras based on their exact body shape.

News for Macy's Stock (M)