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

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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.

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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.

Macy's CEO Jeff Gennette on Thursday (Nov. 18) told CNBC's Jim Cramer during an interview on “Mad Money” that the company hasn't decided whether it will break its eCommerce division into its own company, despite urging from Jana Partners to make the move. Earlier in the day, Macy's announced it has hired consulting firm AlixPartners […]

Macy's CEO Still Undecided About Separating eCommerce Division

Macy's (M) Q3 results reflect strength across brands. The company lifts fiscal 2021 view and announces the launch of a digital marketplace platform.

Macy's (M) Beats on Earnings in Q3, Raises FY21 Guidance

The world-famous holiday event celebrates its 95th anniversary with a special drop of 9,500 free NFT artworks featuring iconic balloons from its rich legacy in support of Make-A-Wish® A special charitable auction of 10 Epic Macy's Parade NFTs begins Friday, November 19 at macys.com/NFT

Macy's Launches NFT Series Of 9,510 NFTs For Annual Macy's Thanksgiving Day Parade

NEW YORK--(BUSINESS WIRE)-- #MacysParade--MACY'S LAUNCHES FIRST-EVER NFT SERIES IN CELEBRATION OF THE 95TH ANNUAL MACY'S THANKSGIVING DAY PARADE®

Macy's Launches First-Ever NFT Series in Celebration of the 95th Annual Macy's Thanksgiving Day Parade®

CVS Health

CVS will close about 900 stores over the next three years, and Macy's has added ten more stores to its list of 125 to close by 2023. However, the closure announcements have made it difficult to see the bigger picture; retail vacancies are at their lowest.

Why CVS And Macy's Are Closing Stores When Demand For Retail Real Estate Is Rising

In spring 2020, in the depths of coronavirus lockdowns, investors couldn't dump Macy's stock fast enough. Shares fell as low as $4.38 apiece.

Macy's stock, once left for dead, is roaring back to life

Kohl's

A round of retail earnings revealed a divide between the retailers that are trying to keep prices low for customers and those that passing on bigger receipts.

Macy's and Kohl's are raising clothing prices to protect profits. Investors see that as a big win.

Macy's exceeded its 2019 sales performance again last quarter and reported a record third-quarter profit.

Macy's Stock Surges 21% After Another Huge Earnings Beat

Macy's Inc.third quarter 2021 report was very strong – net sales and earnings exceeded expectations.

Macy's Reports Strong Third Quarter 2021 And Announces Plan To Launch A Curated Marketplace

Simon Property Group

Here's what investors in malls can expect going into the new year.

What's on Tap for Malls in 2022?

Macy's announced earlier Thursday it had hired consulting firm AlixPartners to examine the structure of its business.

Macy's CEO says no decisions have been made yet about spinning off e-commerce unit.

Shares of department store giant Macy's (M) closed up 21.1% on Thursday as investors cheered an impressive beat-and-raise quarter.

Why Macy's Skyrocketed Over 20% on Thursday

On Thursday, Macy's Inc. (NYSE:M) and Kohl's Corp (NYSE:KSS) shares rallied by more than 22% and 9.40%, respectively after reporting their most recent quarterly results. The two retail chains announced their FQ3 results before markets opened, smashing analyst expectations.

Should you buy Macy's or Kohl's shares after solid Q3 results?

Shares of Macy's leaped more than 20 percent on Thursday after the retailer raised its financial forecast for the holidays, saying its stores are well stocked with Christmas inventory despite supply-chain kinks that have plagued the industry.

Macy's shares surge more than 20 percent on bright holiday outlook

Macy's Inc. (NYSE: M) shares were trading Thursday higher after the company reported third-quarter EPS results that were higher year-over-year and better-than-expected third-quarter sales results. The company's fiscal year 2021 guidance was also raised.

Why Macy's Stock Continues To Rip Out Of A Pattern Thursday

As shoppers return to its stores in droves, a new online marketplace promises to boost the retailer's online sales.

Here's Why Macy's Stock Soared Today

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During Macy's earnings report, the company noted the potential for a digital marketplace and a Macy's spinoff, sending shares higher. The post Macy's Spinoff?

Macy's Spinoff? What Investors Should Know About a Potential Split-Up

Macy's Inc (NYSE: M) shares have left the S&P 500 in the dust in 2021, gaining 227.6% year-to-date. Macy's stock has had a wild ride in recent years, but investors may be wondering whether there's any value in Macy's shares after the big gains.

Is Macy's Stock Overvalued Or Undervalued?

Retailers handily beat quarterly estimates, but signs of inflation are creeping in.

Major Retailers—Macy's, Kohl's Following Walmart—Continue To Beat Earnings Despite Higher Costs

Macy's (M) more than tripled expectations on its fiscal Q3 bottom line, reporting $1.23 per share versus the Zacks consensus.

Macy's (M) Crushes Q3 Estimates; Claims, Philly Strong

Macy's, Inc. (M) CEO Jeff Gennette on Q3 2021 Results - Earnings Call Transcript

Macy's is planning to launch a curated digital marketplace for third-party sellers in the second half of 2022, following the model set by Amazon, Walmart, Target and other retailers that have seen success in providing a platform for others, as digital sales continue to outpace in-store purchases. Jeff Gennette, chairman and CEO of Macy's, said […]

Macy's Follows Amazon, Walmart in Development of Digital Marketplace

Macy's Inc (NYSE: M) shares are trading higher after the company reported third-quarter EPS results were higher year over year and better-than-expected third-quarter sales results. The company also raised FY21 guidance.

Why Macy's Shares Are Rising

Macy's Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business.

News for Macy's Stock (M)