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.

“Covid is surging again across the country,” CEO Jeff Gennette said. “And that continues to impede our recovery.”

Macy's may face more temporary store closures as Covid cases climb and threaten crucial holiday shopping season, CEO says

Sales fell to $3.99 billion in the quarter, as compared to $5.17 billion in the year-ago quarter.

Here is why Macy's shares fell in the pre-market today

Macy's (M) is trading lower after beating humble third quarter expectations, but bullish tailwinds could kick into gear in 2021.

Macy's (M) Under Pressure After Another Weak Quarter

Macy's Inc. (NYSE: M) reported third-quarter 2020 results before markets opened Thursday.

Can Anything Give Macy's Stock a Shot in the Arm?

Macy's Inc. (NYSE: M) published its financial results for the fiscal third quarter on Thursday that highlighted an over 20% decline in same-store sales. The company attributed dovish sales to the Coronavirus pandemic that restricted people to their homes in recent months.

Macy's says its same-store sales slipped 20% in the fiscal third quarter

Macy's (M) delivered earnings and revenue surprises of 76.54% and 3.54%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?

Macy's (M) Reports Q3 Loss, Tops Revenue Estimates

Macy's Inc. shares fell 2.1% in Thursday premarket trading after the department store retailer reported a third-quarter loss. Net loss totaled $91 million, or 29 cents per share, after net income of $2 million, or a penny per share, last year.

Macy's stock falls after results swing to a loss

Shares of Macy's (NYSE:M) moved higher by 0.7% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 371.43% year over year to ($0.19), which beat the estimate of ($0.79).

Macy's: Q3 Earnings Insights

Macy's Inc beat quarterly sales estimates on Thursday, as a sustained shift to online shopping from stuck-at-home consumers signaled healthy demand ahead of the crucial holiday season.

Macy's beats quarterly sales estimates

Macy's reported a same-store sales decline of more than 20%, as consumers cut back their spending on clothes and accessories at department stores during the coronavirus pandemic.

Macy's same-store sales fall 20%, as department stores fall out of favor with shoppers during the pandemic

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today reported results for the third quarter of 2020.

Macy's, Inc. Reports Third Quarter 2020 Results

Earnings Preview: What To Expect From Macy's On Thursday

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Macy's (M) third-quarter fiscal 2020 results are likely to reflect adverse impacts of the coronavirus pandemic.

Macy's (M) to Report Q3 Earnings: What's in the Offing?

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Nordstrom stock has skyrocketed 57% for the month to date, and Macy's is up 25% ahead of earnings

Nordstrom, Macy's stocks soar after positive vaccine news sparks investor hope for in-store shopping

The two largest U.S. department store chains need to show that they are continuing to recover from a pandemic-induced retail crisis.

Earnings Preview: Macy's and Kohl's to Report Q3 Results

Macy's (M) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Macy's (M) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Macy's, Inc. (NYSE:M) used to be one of the biggest department store companies in the country, but been been notably struggling for survival this year in part due to the COVID-19 outbreak.

Macy's: A Beaten Down Retail Stock with Hope?

The department store chain will get over the COVID-19 hump but still faces an existential crisis.

Where Will Macy's Be in 5 Years?

Analysts have given up on Macy's, but if it can get through Christmas and achieve a profit, then M stock is a bargain. The post Macy's Needs a Christmas Miracle to Survive appeared first on InvestorPlace.

Macy's Needs a Christmas Miracle to Survive

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Shares of department store retailers including Macy's Inc. (up 22%), Nordstrom Inc. (up 20.7%) and Kohl's Corp. (up 12.4%) jumped in Monday premarket trading after Pfizer Inc. and BioNTech SE announced a "successful" COVID-19 vaccine trial. Department stores, which suffered prior to the pandemic, struggled even more as shoppers avoided malls and stores in favor of e-commerce.

News for Macy's Stock (M)