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.

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Why Is Macy's (M) Down 9.4% Since Last Earnings Report?

Macy's (M) revitalizes operations and enhances engagement. First 50 Pilot and A Bold New Chapter initiatives fuel efficiency and profitability, ensuring retail dominance and shareholder value.

Macy's (M) Rides on First 50 initiative, Omnichannel Presence

NEW YORK--(BUSINESS WIRE)--Macy's launches a new campaign, Summer's Greatest Hits, to celebrate the beginning of summer. The beginning of every season comes with so much promise and excitement. These are the precious moments in our lives that are spent with loved ones creating unforgettable experiences and lasting memories. But it's not about perfection or overplanning but about finding joy in every moment. Macy's has captured that very essence in Summer's Greatest Hits – the celebration will e.

Macy's Launches Summer's Greatest Hits Campaign with a Fresh Recording of “Lovely Day” by GRAMMY® Nominated Artist Amber Mark and Produced by GRAMMY® Award Winning Ryan Tedder

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The new carousel shop, curated by Venus Williams, will feature the launch of her exclusive collection with AQUA. NEW YORK , June 13, 2024 /PRNewswire/ -- Bloomingdale's, in partnership with Air France, announces The Carousel @ Bloomingdale's: Game On.

BLOOMINGDALE'S LAUNCHES LATEST CAROUSEL GAME ON POWERED BY AIR FRANCE

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Is Macy's (M) Stock Undervalued Right Now?

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Macy's (M) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Macy's (M) Upgraded to Strong Buy: Here's What You Should Know

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Bull of the Day: Macy's (M)

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Macy's (M) is transforming with its "A Bold New Chapter" strategy, modernizing operations, and leveraging AI to boost efficiency and ensure sustainable growth in the competitive retail sector.

Macy's (M) Embraces Transformation With A Bold New Chapter

Macy's (M) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Macy's (M): Will It Gain?

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What Makes Macy's (M) a Strong Momentum Stock: Buy Now?

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Is Macy's (M) a Great Value Stock Right Now?

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Why Fast-paced Mover Macy's (M) Is a Great Choice for Value Investors

Macy's NYSE: M is an iconic retail sector company known for its expansive department store presence. Macy's earnings report for the first quarter of 2024 was released, offering a look into its evolving strategy and performance in a changing retail landscape.

Macy's Q1 Turnaround Takes Shape as Consumers Shift

Macy's Inc. (NYSE: M) proved once again that it is more like JCPenney or Sears than it is Walmart.

Macy's Future Crushed by Results

Starting sometime in its last fiscal year, amid a prolonged stretch of weaker demand, Macy's Inc. began using a handful of stores to try out new ideas based on feedback from shoppers. In February, after encouraging results, executives said they had expanded that trial run to 50 stores — part of a program they began calling “First 50” — bringing in more appealing displays and adding staff in its women's and off-the-rack sections and store checkout areas.

News for Macy's Stock (M)