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

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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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.

COVID-19 was an unexpected shock to Macy's business and increased the possibility of a future solvency issue. Timing is everything, and if you don't have perfect timing, it can pay dividends to average into a position.

Investing In Macy's: An Exercise In Self-Humility And Some Advice That Paid Dividends

DALLAS--(BUSINESS WIRE)--Macy's Tops $75,000 in Donations to DHA's Opportunity Rising Scholars

Macy's Tops $75,000 in Donations to DHA's Opportunity Rising Scholars

Morgan Stanley

Macy's (M) CEO, Jeff Gennette Presents at Morgan Stanley's Global Consumer and Retail Conference - Company Call Transcript

NEW YORK--(BUSINESS WIRE)--This year, Macy's (NYSE:M) beloved Believe letter-writing campaign extends National Believe Day to National Believe Week, providing customers the opportunity to double their donations to Make-A-Wish for a full week, helping deliver hope and joy to wish kids and their families when they need it most. From the start of Believe campaign through its final day on Dec. 24, for every letter sent to Santa online at macys.com/believe or dropped off in Macy's stores, Macy's wil

Macy's National Believe Week Seeks to Raise an Additional $1 Million Through Annual Believe Campaign Benefitting Make-A-Wish®

Macy's Inc (NYSE: M) is likely in more trouble than expected this holiday season.

Macy's In Trouble Based On Holiday Sales Data

The annual Thanksgiving Day Parade went on this year, very different…and strangely similar to prior years

Macy's Parades Its Thanksgiving Stuff, Pandemic Or No Pandemic

Macy's stock has become vulnerable due to its high operating costs, mall-based locations, and nonessential product assortment. Consequently, the company's stock has lost 39% of its value so far this year, and currently stands at around $10.

Macy's Stock Looks Expensive At $10

Macy's stock is building a base, after the iconic department store chain's Q3 results beat expectations and while news of more coronavirus vaccines lifts markets. The post Is Macy's Stock A Buy After Vaccine Rally?

Is Macy's Stock A Buy After Vaccine Rally? Here's What Earnings, Chart Show

A string of positive developments is lifting the retailer well beyond its peers.

Why Macy's Stock Is Soaring Today

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced that Malek Robert (“Bobby”) Amirshahi has been named senior vice president of corporate communications for Macy's, Inc., effective December 7, 2020. Amirshahi will be responsible for leading both internal and external communications across the enterprise, as well as Macy's cause work. In this role, he will help drive alignment and consistent messaging across business strategy, transformation, colleague and culture initiatives. He

Macy's, Inc. Names Bobby Amirshahi Senior Vice President, Corporate Communications

Macy's, Inc. (NYSE: M) announced earnings.

Macy's Last Stand

Macy's stock surged 23% on the week as the department-store retailer heads into a most unusual holiday season.

The Ratings Game: Macy's reimagined this year's Thanksgiving Day parade, and one analyst says stores should also get a revamp

NEW YORK--(BUSINESS WIRE)-- #macysparade--THE WORLD-FAMOUS MACY'S THANKSGIVING DAY PARADE® KICKS OFF THE HOLIDAY SEASON FOR MILLIONS OF TELEVISION VIEWERS WATCHING SAFELY AT HOME

Magic On 34th Street: The World-Famous Macy's Thanksgiving Day Parade® Kicks Off The Holiday Season For Millions Of Television Viewers Watching Safely At Home

The department-store chain is still posting double-digit sales declines and losing money but is likely to make a full recovery from the COVID-19 pandemic, driving its stock even higher.

Macy's Stock Has Surged 107% Since April and Could Double Again

Macy's Inc (M) CEO Jeff Gennette on Q3 2020 Results - Earnings Call Transcript

Like many other retailers, Macy's has been hurt by coronavirus that led to government-mandated store closings and decreased customer visits even after many locations reopened, but Covid-19 isn't the real culprit.

There's No Magic Happening For Macy's Any Time Soon

Yet it was still a very bad quarter for the retailer.

Macy's Steps Over Low Bar Set by Analysts as Q3 Sales, Earnings Beat Expectations

Macy's 3rd quarter report was better than expected. Company adjusted to what customers want and need.

Macy's Q3 Results Better Than Expected

Macy's Inc. (NYSE:M) released its third-quarter results before the opening bell on Nov. 19. While the company registered a narrower-than-expected loss, revenue topped projections thanks to robust digital performance.

Covid-19, Digital Sales Weigh on Macy's' 3rd-Quarter Earnings

Macy's comparable sales plummeted more than 20 percent in the last three months amid a surge in coronavirus cases that could hamstring the holiday season, the retailer said Thursday. The department store giant expects sales to remain about that far below 2019's levels for the second half of the year even though they've recovered since.

Macy's sales plunge 20% as COVID-19 threatens holiday season

Over the past week, the stock price of Macy's Inc (NYSE:M) increased by 27.44% (as of 10:22 AM ET).  This is why it happened.

M Stock Price Increases Over 27% This Week: Why It Happened

The headwinds facing Macy's pandemic-driven downturn recovery have been well-documented. Falling foot traffic at malls and a general department store category malaise are just two of them and the consequences were on display in its Q3 earnings announcement on Thursday (Nov. 19).

Macy's Troubles Continue; Digital Focus Leads To Cautious Optimism For Q4

Macy's (M) posts narrower-than-expected third-quarter loss. The company's digital business surges 27% during the quarter.

Macy's (M) Q3 Loss Narrower Than Expected, Sales Down Y/Y

Initial Jobless Claims Rise Last Week

Initial Jobless Claims went up last week for the first time in a month, from an upwardly revised 711K the previous week to 742K.

News for Macy's Stock (M)