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 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

Earnings data Q4 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.

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced the appointment of Emilie Arel, president and chief executive officer of Casper Sleep, to its board of directors, effective August 15, 2022. As president and chief executive officer at Casper Sleep since 2021, Arel oversees all facets of the business, including the company's commercial and brand strategy, as well as its wholesale strategy and developing retail partnerships. She brings over 20 years of experience, serving in vario

Macy's, Inc. Appoints Emilie Arel to Board of Directors

In the latest trading session, Macy's (M) closed at $19.96, marking no change from the previous day.

Macy's (M) Flat As Market Gains: What You Should Know

The iconic retailer will kick-off its biggest anniversary campaign during New York Fashion Week teaming with Harper's BAZAAR to host their annual ICONS fête and announces special celebrations across the country with top designers, exclusive merchandise, immersive events and much more this September NEW YORK , Aug. 15, 2022 /PRNewswire/ -- Bloomingdale's announced today its line-up of star-studded events, world-class designer collaborations, immersive in-store events and new social and digital activations that will be part of the leading retailer's 150th anniversary celebration beginning this September.  "Bloomingdale's has pioneered the modern retail experience for one hundred and fifty years," stated Tony Spring, Chairman and CEO, Bloomingdale's.

BLOOMINGDALE'S UNVEILS A CELEBRATION LIKE NO OTHER FOR ITS 150TH ANNIVERSARY

AMC Entertainment

AutoNation

Bed Bath & Beyond

Avis Budget Group

Chesapeake Energy

GameStop

Target Hospitality Corp

United States Steel

Meme stock mania is back in action as investors seek a rapid rise in equity stocks following the pullback in commodities, crypto, and other risky assets. Heavily shorted stocks like Bed Bath & Beyond and AMC are at the forefront of the meme resurgence, +40%, and +15%, respectively, as retailer investors bet against hedge funds.

The Next Bed Bath & Beyond: Strong Buy Stocks With Short Squeeze Potential

Macy's (M) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Macy's, Inc. (M): Here is What You Need to Know

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Report Second Quarter 2022 Results on August 23, 2022

Macy's, Inc. to Report Second Quarter 2022 Results on August 23, 2022

Current locations are in California, Georgia, New Jersey, Illinois, Nevada, Louisiana, New York, Maryland and Missouri.

Toys R Us reopens in Macy's stores in 9 states, more ‘coming soon'

Lindblad Expeditions

Ruth's Hospitality Group

Signet Jewelers

Toll Brothers

Vroom

Zillow

With recent indicators suggesting that the U.S. is in the middle of a downturn, interest regarding stocks to avoid in a recession has naturally picked up. Though contrarianism is an exciting concept, in many cases, it's better not to fight the tape.

7 Stocks to Avoid in a Recession

Macy's performed excellently the past year. It produced a large FCF, reduced debt, and reinstated a growing dividend. The market significantly undervalues Macy's on the possible effects of a recession. The company proved it can manage recessions in 2009 and 2020.

Macy's: The Market Is Too Pessimistic

Funds raised will support providing book choice and access to our most at-risk children as RIF and Macy's partner together to close the literacy gap NEW YORK and WASHINGTON , Aug. 3, 2022 /PRNewswire/ -- In support of providing books and reading resources to children living in our nation's most under-resourced communities, Reading Is Fundamental  (RIF) and Macy's announced that over $1.5 million was raised last month as part of Macy's Mission Every One social purpose initiative, which included an in-store round-up and online donation campaign to support student literacy across the country. Funds raised during the campaign will support RIF's Race, Equity and Inclusion work providing diverse books and reading resources to underserved communities in an effort to help close the literacy gap, while also supporting RIF's second annual reading initiative,  Rally to Read 100.

SUMMER GIVING: MACY'S AND READING IS FUNDAMENTAL (RIF) RAISE OVER $1.52 MILLION IN JULY CAMPAIGN SUPPORTING CHILDREN'S LITERACY

NEW YORK--(BUSINESS WIRE)--Back-to-school shopping is now in session, and Macy's (NYSE:M) is helping students of all ages kick off the new school year with a curated assortment of must-have items. From staple fashion picks to conscious beauty essentials, Macy's is getting students ready to conquer their first day in style with a mix of everyday wear, dorm essentials and more to celebrate a new season of classes. Macy's back-to-school campaign celebrates how students' styles are constantly evolv

Own Your Style With Macy's Back-To-School Must-Haves for Students of All Ages

Macy's stock (NYSE: M), a department store chain, increased by 7% in the last ten trading days (two weeks).

Macy's Stock Up 7% Over Last Ten Days. What's Next?

WASHINGTON , Aug. 1, 2022 /PRNewswire/ -- Bluemercury announced today the appointment of Dr. Elyse Love as the retailer's first Dermatologist Advisor. Dr. Love is a board-certified dermatologist who practices a wide spectrum of medical and cosmetic dermatology at Gramercy Laser and Medical Dermatology (GLAMDerm) in NYC.

BLUEMERCURY ANNOUNCES DR. ELYSE LOVE AS DERMATOLOGIST ADVISOR

Walmart said people are buying fewer clothes, so it slashed prices to encourage purchases.

Why This Warning From Walmart Is Bad News for Macy's

NEW YORK--(BUSINESS WIRE)-- #MissionEveryOne--Macy's launches Akwaaba Inns for Hotel Collection®, a limited-edition home and décor line curated by Monique Greenwood, founder & CEO of Akwaaba Inns.

Macy's and Akwaaba Inns Launch Limited Edition Home Designs for the Hotel Collection®

Warner Bros Discovery Inc

NEW YORK--(BUSINESS WIRE)--Food Network star Molly Yeh is launching Girl Meets Farm™ by Molly Yeh, her first-ever kitchenware collection exclusively at Macy's.

Food Network Star Molly Yeh Launches First Girl Meets Farm™ Kitchenware Line Exclusively for Macy's

TORONTO, ON / ACCESSWIRE / July 25, 2022 / Annual average EBITDA of US$348MM and average annual free cash flow of US$235MM over 21 year life of mine ("LOM") Annual production targeted at approx. 5.0 million tonnes of high grade, low impurity, iron concentrate grading ~65% iron with 0.52% V2O5 per tonne of concentrate Total operating costs of US$66/t of concentrate over LOM (freight to China included) Initial Capex estimated at US$574 million includes US$118 million contingency Payback period under 2 years 21-year LOM uses fraction of total resources Open pit mining operation with a LOM strip ratio less than 0.9:1 Additional upside from the potential to expand development from the current North Zone Inferred Resources (507Mt) and South Zone Indicated (119Mt) and Inferred (89Mt) Resources PEA Summary Results (Note: All Figures in US$, unless otherwise noted) Voyager Metals Inc. ("Voyager" or the "Company") (TSXV:VONE), is pleased to announce the results of a new Preliminary Economic Assessment ("PEA") at its 100% owned Mont Sorcier iron and vanadium project located near Chibougamau, Quebec.

Voyager Metals Reports after Tax NPV Of US$1.6 Billion and IRR of 43% For Its Preliminary Economic Assessment at the Mont Sorcier Magnetite Iron and Vanadium Project in Quebec

Selling toys on its website has given Macy's new online customers. Now, it is preparing to see if toys will draw additional shoppers to its stores.

Macy's New Toy Shops Could Be A Winning Play This Christmas

The pandemic was a blessing in disguise for Macy's.

Is Macy's Stock a Buy?

The iconic department store chain unveiled a couple of strategic updates, although neither overcomes its bigger challenges.

Why Macy's Is Up 10% This Week

The new stores will include Market by Macy's; one store will also introduce the concept of combining a Market by Macy's and Macy's Backstage off-price as well.

Why Accelerating Macy's Growth Off-Mall Is Important

Macy's Inc. continues to make moves away from the traditional mall, with plans for new locations this fall that will be smaller format and incorporate the retailer's off-price chain.

Macy's continues its move away from the mall with new small-store locations

Macy's plans are part of a bid to evolve with its customers' shopping preferences coming out of the Covid pandemic.

Macy's speeds up plans to open smaller stores outside of malls

NEW YORK--(BUSINESS WIRE)--Today, Macy's announced that, as part of its Polaris strategy, the company will open four new off-mall, small-format stores this fall. The locations will include Market by Macy's, a smaller store that offers customers more to love with its curated assortment of the latest fashion trends, as well as the first-ever dual Market by Macy's and Macy's Backstage off-price location. “At Macy's, we thrive on retail being a dynamic business requiring continuous analysis, reinve

Macy's Accelerates the Growth of Its Off-Mall, Small-Format Strategy

After nearly a year of preparation, Macy's is opening Toys R Us-branded shops in all of its full-line stores.

News for Macy's Stock (M)