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 stock plunged on the idea that the world would never be normal again after Covid-19. But the world is already normalizing today.

Why Macy’s Stock Can Climb 70% Higher in 2020

Macy’s stock posted a record 19.6% gain on Wednesday, but the department store chain still faces huge challenges.
The post The Comeback in Macy’s Stock Is Merely an Illusion appeared first on InvestorPlace.

The Comeback in Macy’s Stock Is Merely an Illusion

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The post 7 Low-Rated Stocks to Sell Before They Drag You Down appeared first on InvestorPlace.

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Macy's Inc. (NYSE: M) on Wednesday announced it has priced a $1.3 billion debt offering at an interest rate of 8.375%.

Macy's Announces Pricing Of Its $1.3B Debt Offering As Shares Jump 26%

Macy's Inc. M, +19.61% shares surged during the regular session Wednesday, in the largest percentage gain on record, according to Dow Jones Market Data.

Macy's stock posts the largest percentage gain on record

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Investors are feeling more optimistic about the post-coronavirus recovery.

Why Macy's, Gap, and Other Retailers' Stocks Are Up Today

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JPMorgan, Bank of America, Spirit Airlines, Macy's and Carnival Cruise are our top stock trades for Wednesday. So, let's look at the charts.

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A new financing plan has investors feeling optimistic.

Why Macy's Stock Is Rising Today

The struggling retailer hopes to turn miserable sales around.

Macy's Names Interim CFO. Will It Help?

Macy's Inc  said on Tuesday it planned to raise $1.1 billion in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.

Macy's announces $1 billion bond offering to repay credit facility

Macy's Inc. M, -2.98% said Tuesday it is planning to offer $1.1 billion in senior secured notes that mature in 2025 in a private offering.

Macy's to offer $1.1 billion in senior secured notes due 2025

The first quarter was bad and the second quarter could be even worse, but Macy's management also shared some good news last week.

Macy's Expects a $1 Billion Quarterly Operating Loss: Should Investors Flee?

Even prior to the COVID-19 outbreak, department store giant Macy’s Inc. (NYSE: M) was struggling.

COVID-19 Tramples on Macy’s, Raises Ugly Premonitions

Macy's (M) projects reporting operating loss in first-quarter fiscal 2020. However, its digital sales remain robust.

Macy's (M) Stock Rallies 6% Despite Soft Outlook for Q1

Yet investors were encouraged by recent developments in the company's business.

Macy's Says Operating Loss Could Be as High as $1.11 Billion in First Quarter

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Shares of department store giant Macy's (M) saw a nice gain on Thursday, closing up 5.5% after reporting preliminary Q1 results.

Why Macy's (M) Stock is Rallying Today

Earnings were ugly, but the view ahead is a little better.

Why Macy's Stock (M) Is Rising Today

The department store giant expects to post a big Q1 loss due to coronavirus shutdowns. Macy's stock rose as the retailer detailed store reopening plans.

Macy's Expects Q1 Loss Of $1 Billion, Reveals When Most Stores Will Reopen

Macy’s said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus. The health crisis has forced brick-and-mortar retailers to tap credit lines, lay off employees.

Macy’s warns coronavirus lockdowns could spur $1 billion operating loss

Macy's Inc  said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus.

Macy's to be 'smaller company' as loss to hit $1 billion in quarter amid lockdowns

Macy's chief executive officer sees $10 billion in sales up for grabs because of the flood of retail bankruptcies taking place and accelerated due to the coronavirus pandemic.

Macy's CEO: $10 billion in sales are up for grabs because of retail bankruptcies

Macy's released its preliminary earnings for the first quarter, and it ain't pretty.

Macy's expects it lost around $1 billion in a matter of weeks. Department stores are in trouble

Macy's (NYSE: M) said Thursday that it expects first-quarter sales to be in the range of $3 billion to $3.03 billion, below the analyst consensus estimate of $3.29 billion.

Macy's Projects Q1 Losses, Says Sales Down About 50%

Macy’s says sales could be down by as much as 45% due to temporary store closures, and the overall coronavirus-induced downturn to the economy.
Macy’s has released the preliminary financial results for its fiscal Q1 and its forecast shows just how badly the iconic department store chain has been hit by the coronavirus crisis, reports CNBC.

News for Macy's Stock (M)