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.

Macy’s said on Tuesday its 450 reopened stores were performing better than expected, giving some respite for the department store chain that reported nearly $1 billion in quarterly operating losses due to COVID-19 lockdowns. The company’s shares rose 12 percent in premarket trading, a day after Macy’s said it had raised $4.5 billion to navigate.

Macy’s says 450 reopened stores are performing better than expected

Sales fell a distressing 45% in the first quarter.

Macy’s Is Betting on Strong Holiday Season to Save Its Fiscal Year

Perhaps there's some light at the end of the tunnel for battered retailers: Macy's just revealed that its first quarter won't be quite as dismal as expected.

Shoppers are flocking back to Macy's reopened stores

The retailer’s share price spiked more than 14% on the news.

Macy’s Borrows $4.5B, Backed by Its Real Estate Portfolio

Macy's (M) delivered earnings and revenue surprises of 14.35% and -0.36%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?

Macy's (M) Reports Q1 Loss, Lags Revenue Estimates

Macy's Inc  said on Tuesday its 450 reopened stores were performing better than expected, giving some respite for the department store chain that reported nearly $1 billion in quarterly operating losses due to COVID-19 lockdowns.

Macy's says reopened stores performing better than expected

Macy's is forecasting first-quarter sales will fall to $3.02 billion from $5.5 billion a year ago, the company said Tuesday when it released preliminary earnings results.

Macy's shares soar as company says reopened stores topping expectations

Macy's Inc. M, +8.89% stock skyrocketed 11% in Tuesday premarket trading after the department store retailer guided for first-quarter losses that are ahead of expectations and re-opened stores are outperforming.

Macy's stock skyrockets after better-than-expected store re-openings

Macy’s Inc. (NYSE: M) announced on Monday that it had raised a total of $4.5 billion in new financing round, which includes the previously announced $1.3 billion in 8.375% in senior secured notes, as well as $3.15 billion in borrowings against its real estate assets.

Macy's Raises $4.5B In Funding To Navigate Post-Pandemic Reopenings

Macy's Inc said on Monday it raised a total of $4.5 billion, including $3.15 billion in new borrowings against its real estate assets, as the department store chain tries to navigate through the fallout from the COVID-19 pandemic.

Macy's raises $4.5 billion to shore up funds as stores reopen, shares surge

Macy's on Monday afternoon announced it has closed on roughly $4.5 billion in new financing, including a previously announced $1.3 billion of debt, to help it weather the coronavirus pandemic.

Macy's raises $4.5 billion, says it has 'sufficient liquidity' to weather pandemic

Macy's Inc. M, +8.89% shares rallied in the extended session Monday after the retailer said it closed on $4.5 billion in new financing.

Macy's stock rallies on new financing

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Kohl's

Shares of non-essential retailers were moving higher as investors continue to bet on the recovery.

Why Macy's, Kohl's, and Bed Bath and Beyond Were Gaining Today

Macy's stock has bounced for the second time at 1993 support and may have entered a new uptrend.

Macy's Stock May Have Ended Multi-Year Downtrend

Like many other retail companies, Macy’s Inc’s (NYSE: M) problems have shifted from ’how to grow’ to ’how to survive.’ Consumer demand is down, stores are shut, and the stock has dropped a massive 70% this year.

With Stores Shut, Does Macy’s Have Enough Cushion To Survive The Demand Slump?

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Why Macy's and Other Retail Stocks Are Trading Higher Today

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There were new signs that the economy is recovering.

Why Macy's and Other Retail Stocks Closed Higher Today

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Whether Mr. Market Is Aware Macy's Is The 10th Largest U.S.

Nordstrom

After George Floyd was killed in Minneapolis, a number of cities have been hit with protests, some of which have turned violent.

Macy’s, Nordstrom Face Huge Losses Due to Urban Unrest

Only a few Maryland department stores have resumed operations since the COVID-19 closures. But once they reopened they were greeted by shoppers who were eager to return.

As Belk And Macy’s Reopen Stores, They Find Some Loyal Customers

A reopening economy has led to a resurgence of gains for many sectors impacted by the pandemic. But not all are on this upward trajectory.

Yearly Losses Exceed 60% For Nordstrom And Macy's As Volume Spikes

Macy's stock is slowly coming back to life after being crushed due to the coronavirus. But it isn't time to buy M stock quite yet.

Macy’s Stock Has Short-Term Upside But Long-Term Problems

Macy's: New Debt And Credit Facility Buy Time For Recovery

Our multiline retail portfolio of 7 stocks shows an average return of 8% in the last five trading days. This portfolio reflects one set of possible stocks expected to outperform if there’s a reasonably quick Coronavirus-recovery.

News for Macy's Stock (M)