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.

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Macy's expects asset sale gains to moderate beginning this year as it shifts its attention to reinvigorating sales growth. But it still has lots of latent real estate value that it could tap into if necessary.

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Noticing A Pickup In Insider Buying At Macy's

Macy's is not a dying retailer, yet it is priced significantly below liquidation value.

The Market Is Completely Wrong About Macy's

Macy's Inc (NYSE: M)'s stock has fallen more than 40 percent since Goldman Sachs first initiated coverage of the retailer, but the firm now says the risk-reward profile is "less skewed to the downside.

Goldman Sachs Upgrades Macy's, Risk-Reward 'Less Skewed To The Downside'

The department store giant faced its share of troubles last quarter, but demonstrated the resiliency of its growth strategy.

Macy's Q1 Earnings Are Better Than Investors Feared

Macy's beat profit expectations in the first quarter.

Macy's is on track, but new tariffs could be a threat

Macy's, Inc. (M) CEO Jeff Gennette on Q1 2019 Results - Earnings Call Transcript

Macy's Inc said on Wednesday the latest tariffs on Chinese imports by Washington are hitting its furniture business and warned investors that additional levies would leave its clothing and accessory categories vulnerable as well.

Macy's CEO says tariff escalation could hurt business

The Macy's earnings report for the first quarter of 2019 is out and the company's results for the most recent period are mixed.

Macy’s Earnings: M Reports Mixed Results for Q1

Macy's CEO Jeff Gennette says an increase in tariffs to 25% on $300 billion in Chinese goods that's still being considered by the White House, which would impact apparel and footwear, would likely trickle down and hit consumers.

Macy's CEO says it's 'hard to find a path' where tariffs on clothes, shoes wouldn't hurt shoppers

Macy’s topped Wall Street estimates for quarterly same-store sales and profit on Wednesday, benefiting from increased online sales and higher demand for items sold at its off-price stores.

Macy’s stock surges on better-than-expected profits

Macy's (M) continued to register positive comparable sales and witnessed double-digit growth in the digital business during the first quarter of fiscal 2019.

Macy's (M) Beats on Q1 Earnings, Strategic Efforts on Track

Macy's Inc said on Wednesday the recent hike in U.S. tariffs on Chinese goods will hurt its furniture business of the department store operator.

Macy's CEO says recent tariffs to impact furniture business

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Alibaba, Macy's Report Solid Results but Chinese, U.S. Retail Sales Disappoint

Macy's (M) delivered earnings and revenue surprises of 41.94% and -0.46%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?

Macy's (M) Tops Q1 Earnings Estimates

Macy's Inc topped Wall Street estimates for quarterly same-store sales on Wednesday, benefiting from increased digital sales and higher demand for discounted luxury items sold at its off-price stores, sending its shares up 7%.

Macy's same-store sales tops expectations; shares rise 7%

Macy's Inc. M, +1.02% shares jumped 6.6% in Wednesday premarket trading after the department store retailer reported first-quarter profit that blew past estimates.

Macy's shares jump after earnings blow past estimates

Macy's stock traded higher by 6.3 percent to $23.18 per share Wednesday morning. The stock previously closed at $21.80.

Macy's Higher After Q1 Earnings Beat

Macy's earnings and same-store sales easily topped Q1 forecasts early Wednesday though revenue missed.

Macy's Crushes Earnings, Comp Sales Views; Stock Pops

Although Macy's is struggling with its e-commerce strategy ahead of Wednesday's report, the stock has become "too cheap to ignore."

Macy's Reports Earnings With Stock Near a Value Level

Shares of Macy's (M) have tumbled nearly 30% in 2019, while the broader market and retail industry rebounded. Now investors need to decide what to do with Macy's stock heading into the release of its first-quarter fiscal 2019 financial results on Wednesday.

Sell Macy's (M) Stock with Q1 2019 Earnings Expected to Tumble?

In spite of taking a slew of measures, Macy's (M) is likely to struggle with its bottom-line performance in the first quarter of fiscal 2019.

News for Macy's Stock (M)