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.

Since their November selloff, the shares of Macy's Inc (NYSE:M) have failed to make much noise on the charts.

Middling Macy's Stock Could Be a Good Pick for Options Bears

Macy's looks at 2022 as an unpredictable year.

Macy's Prepares For An Unpredictable Future

We started coverage of Macy's with Buy when it was ~$24, changed our rating to Hold when it was $30, and we are now upgrading to Buy based on valuation.

Macy's Stock: Upgrading To Buy Based On Valuation And 2022 Guidance

American Eagle Outfitters

Bath and Body Works

Best Buy

Buckle

Dick's Sporting Goods

Kohl's

Signet Jewelers

Williams-Sonoma

"It will take many more days like today before [discounted retailer] stocks come close to being expensive again," the "Mad Money" host said Friday.

Keep an eye on these 9 beaten-down retail stocks, Jim Cramer says

The mall, or a summer vacation? According to department store chain Macy's — as reported by CNBC Thursday (April 7) — that's a question some consumers may be asking themselves this year as inflation puts pressure on low-to-middle income consumers.

Macy's: Consumers Could Choose Vacations Over Shopping

As inflation threatens to weigh on consumer demand, Macy's says more shoppers could be faced with a consequential choice.

Macy's warns that inflation-squeezed consumers may choose to spend on travel over shopping

Macy's stock, a department store chain, declined by 8% in the last ten trading days (two weeks). In comparison, the broader S&P500 index grew almost 3% over the same period.

Can Macy's Stock Rebound After An 8% Fall In The Last Ten Days?

Macy's (M) boosts its supply-chain operations. It plans to open a fulfillment center in China Grove, NC, to meet buoyant omni-channel demand.

Macy's (M) North Carolina's Fulfillment Unit to Aid Supply Chain

Macy's is continuing its transition to becoming a multi-brand omnichannel leader rather than a department store with the announcement Thursday (March 31) of a scheduled opening of a new fulfillment center in China Grove, North Carolina, in 2024. The 1.4 million-square-foot, $584 million fulfillment center, which will feature automated direct-to-consumer (D2C) fulfillment capacity, will house […]

Macy's to Open North Carolina Fulfillment Center to Streamline Operations

Macy's Inc. M, -3.73% said Thursday that it will open a fulfillment center in China Grove, N.C. in 2024 that will employ 2,800 workers.

Macy's to add 2,800 jobs with $584 million North Carolina fulfillment center

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Expands Supply Chain Operations with New Fulfillment Center in North Carolina

Macy's, Inc. Expands Supply Chain Operations With New Fulfillment Center In North Carolina

Macy's revenue growth is to be flat to up 1%.

Whether Macy's P/E Of 6 Is A Buying Opportunity

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Appoints Marie Chandoha and Jill Granoff to Board of Directors

Macy's, Inc. Appoints Marie Chandoha and Jill Granoff to Board of Directors

Macy's continues to move beyond its department store roots.

Macy's Continues Aggressive Off-Price Expansion

Macy's (M) makes constant efforts to boost guests' shopping experiences. Its Polaris Strategy and robust omni-channel endeavors appear encouraging.

Macy's (M) Omni-Channel Efforts Bode Well, Up 60% in a Year

Macy's Inc. M, +2.41% disclosed that it had 88,857 employees as of Jan. 29, 2022, up 17.4% from 75,711 a year ago, which was impacted by COVID-19-related store closures. Despite the increase, the current workforce is still 27.8% below the 123,000 employees the department store chain had as of pre-pandemic Feb. 1, 2020.

Macy's workforce increased 17% in fiscal 2021, but was still more than 25% below pre-pandemic levels

Macy's (M) reported earnings 30 days ago. What's next for the stock?

Why Is Macy's (M) Up 11.2% Since Last Earnings Report?

Macy's Inc. M, +2.64% announced the launch of Royalty by Maluma, a fashion collection co-created by Columbian superstar Maluma. Priced from $39.50 to $179, the collection includes items for men and women and is available on digital Macy's channels and select store locations.

Macy's launches exclusive fashion collection Royalty by Maluma

NEW YORK--(BUSINESS WIRE)--Breaking barriers through music, acting and style, Colombian powerhouse Maluma is launching his first fashion collection for men and women exclusively with Macy's. Royalty by Maluma, designed in partnership with Reunited Clothing, is an exploration of the musician's lifelong admiration for the artistry, and magic of high fashion plus furthers his mission to bring indelible style to his community through accessible collections. Featuring must-have statement sets, the c

International Latin Superstar, Maluma, Launches His First Clothing Line for Men and Women Exclusively for Macy's

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Participate in a Fireside Chat at J.P. Morgan's 8th Annual Retail Round-Up

Macy's, Inc. To Participate In A Fireside Chat At J.P. Morgan's 8th Annual Retail Round-Up

Macy's (M) makes constant efforts to boost guests' shopping experiences. M announces to open 37 Macy's store-within-store Backstage locations.

Macy's (M) on Track to Enhance Its Backstage Locations

In a move touted to put “luxury and off-price under the same roof,” Macy's fast-moving plan to open three dozen off-price Backstage locations within existing stores over the next three months is not only a reflection of the times but a statement on a changing industry. In announcing the addition of 37 new store-in-store sites to […]

Macy's Adds More Backstage Stores as Bargain Hunting Business Booms

New locations at Herald Square and Chicago's State Street

Macy's Expands Backstage In 36 Locations Nationwide

Macy's Inc. M, +1.74% said Tuesday that it will add 37 Backstage store-in-store locations by June 2022. Backstage is the department store retailer's off-price banner.

Macy's to add 37 off-price Backstage store-in-store locations by June

NEW YORK--(BUSINESS WIRE)--Off-price and on-trend, deal hunters take note as Macy's (NYSE: M) expands its Backstage locations across the country this spring. Beginning April 9 and rolling out through June 2022, Macy's will open 37 new Macy's store-within-store Backstage locations nationwide, offering shoppers another way to find and express their personal style at significant savings on fabulous finds. Macy's Backstage store-within-stores range from 11,000 to 16,000 square feet of retail space,

News for Macy's Stock (M)