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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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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Gennette said business from loyal Macy's customers is already up by 10% from the company's fiscal fourth quarter.

Macy's CEO says company is already benefiting from vaccinations and stimulus checks

NEW YORK--(BUSINESS WIRE)--Macy's (NYSE:M) celebrates Black creatives with today's launch of Icons of Style, a collaboration with five Black visionaries to help move the fashion world forward. Featuring exclusive designs across ready-to-wear, men's, and shoes by Zerina Akers, Misa Hylton, Aminah Abdul Jillil, Allen Onyia and Ouigi Theodore for brands found only at Macy's, each creative artfully designed a fashion-forward capsule of must-have spring items, inspired by their unique perspective an

Macy's Celebrates Black Creatives With Icons of Style

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Macy's stock, a department store chain, has rallied almost 4x from around $5 on March 23, 2020 (when broader markets made a bottom due to the spread of Covid-19) to $19 currently. After a share price collapse in March 2020, Macy's stock remained deeply depressed through much of last year.

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Macy's (M) sturdy omni-channel capabilities are boosting online sales. The company is also progressing well with cost management and store fleet optimization as part of the Polaris growth strategy.

Macy's (M) Gains From Online Growth, Polaris Strategy On-Track

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NEW YORK--(BUSINESS WIRE)--This spring, Macy's (NYSE:M) inspires shoppers to wear what they love anywhere and celebrate the many ways expressing personal style can make even the most routine moments feel memorable and fun. With must-have looks from the best brands at amazing prices across apparel, beauty, home and accessories, Macy's is the ultimate style destination. For extra inspiration and expert tips, check out Macy's Presents The Edit, a digital destination of all the buzziest looks curat

Wear What You Love Anywhere With Macy's Spring Fashion

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Announces Early Tender Results

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NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Announces Pricing of Offering of Senior Notes

Macy's, Inc. Announces Pricing of Offering of Senior Notes

Macy's Inc. said Tuesday it is planning to issue $500 million of 8-year bonds, joining the many companies raising capital during the pandemic. The proceeds will be used together with cash on hand to fund a tender offer and for general corporate purposes, which may include repaying debt.

Macy's to issue $500 million of 8-year bonds

Macy's announced management changes as the retailer looks to woo back customers, who have been shopping online and avoiding malls during the pandemic.

Macy's Operating Chief Harper to depart, the post will remain vacant amid other leadership changes

Macy's Inc. said late Monday that John Harper, chief operations officer, will depart the company effective Aug. 1, and after that the COO role will be eliminated. The company also said that Laura Miller has been appointed chief information officer, effective March 15, reporting directly to Chief Executive Jeffrey Gennette.

Macy's COO to depart, position to be eliminated

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced changes to its senior leadership team. Aligned with the company's recently updated Polaris growth strategy, these changes to increase agility and efficiencies include: John Harper, chief operations officer, will depart the company effective August 1, 2021. Subsequently, the role of chief operations officer will be eliminated. With the elimination of the COO role, Marc Mastronardi, chief stores officer, and Dennis Mullahy, chief su

Macy's, Inc. Announces Changes to Its Senior Leadership Team

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Macy's Inc. (NYSE:M) released its fourth-quarter and full-year 2020 earnings results before the opening bell on Feb. 23.

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Jeff Gennette, CEO of Macy's, indicated that sales and earnings in the fourth quarter 2020 were above his expectations.

News for Macy's Stock (M)