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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Macy's Inc expects another early start to holiday season shopping this year, a contrast to a prediction from Best Buy Co Inc that highlights the uncertainty among U.S. retailers in forecasting inflation-driven shopping behavior.

Macy's predicts another early start to holiday season shopping

Skeena Resources Ltd

VANCOUVER, BC / ACCESSWIRE / September 8, 2022 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce the results of the Feasibility Study ("FS") for the Eskay Creek gold-silver project ("Eskay Creek" or the "Project") located in the Golden Triangle of British Columbia. Eskay Creek 2022 FS Highlights: After-tax net present value ("NPV") (5%) of C$1.41 billion at a base case of US$1,700 gold and US$19 silver Robust economics with an after-tax internal rate of return ("IRR") of 50.2% and an industry leading after-tax payback on pre-production capital expenditures of 1 year High-grade open-pit averaging 3.87 g/t gold equivalent ("AuEq") (2.99 g/t gold, 79 g/t silver) (diluted) with a strip ratio of 7.5:1 Years 1 - 5 average annual production of 431,000 AuEq ounces, places Eskay Creek as a tier one operation Life of mine ("LOM") production of 3.2 million AuEq ounces from 2.4 million ounces of gold and 66.7 million ounces of silver Estimated pre-production capital expenditures ("CAPEX") of C$592 million, yielding a compelling after-tax NPV:CAPEX ratio of 2.4:1 LOM all-in sustaining cost ("AISC") of US$652/oz AuEq recovered in concentrate Proven and Probable open-pit mineral Reserves of 29.9 million tonnes containing 2.87 million ounces gold and 75.5 million ounces silver (combined 3.85 million AuEq oz) A carbon intensity of 0.20 t CO2e/oz AuEq produced, positioning Eskay Creek to be one of the lowest carbon intensity mines worldwide The Company will be hosting a conference call to present the FS results for Eskay Creek on Thursday September 8th at 8:00 AM PT / 11:00 AM ET.

Skeena Completes Robust Feasibility Study for Eskay Creek: After-Tax NPV (5%) of C$1.4B, 50% IRR and 1 Year Payback

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Names Pam Quintiliano Head of Investor Relations

Macy's, Inc. Names Pam Quintiliano Head of Investor Relations

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When screening the market for stocks that are trading at or below their fair prices, one tool investors can use is the earnings power value.

4 Stocks Trading Below Earnings Power Value

Macy's (M) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Macy's, Inc. (M) Is a Trending Stock: Facts to Know Before Betting on It

Retail department store chain Macy's (NYSE: M) stock has had a rollercoaster ride in the past two years as shares trade down (-32%) for the year.

Macy's Value Lies Beneath its Stores

Macy's Inc.'s ( M , Financial) recent earnings report was a mixed bag, with strong results in stores offset by disappointing results from its online business. It is not the only retailer in trouble, as many have reported weak results.

Tough Year Ahead for Macy's as Inflation Dents Earnings

Macy's Inc.'s ( M , Financial) recent earnings report was a mixed bag, with strong results in stores offset by disappointing results from its online business. It is not the only retailer in trouble, though, as many have reported weak results.

A Tough Year Is Ahead for Macy's as Inflation Dents Earnings

EastGroup Properties

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SpartanNash

TriCo Bancshares

Daily Dividend Report: Lowe's Companies, EastGroup Properties, SpartanNash, Macy's, TriCo Bancshares

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Participate in a Fireside Chat at the Goldman Sachs Annual Global Retailing Conference

Macy's, Inc. to Participate in a Fireside Chat at the Goldman Sachs Annual Global Retailing Conference

BEIJING--(BUSINESS WIRE)--Kantar BrandZ's Top 100 Chinese Brands 2022 has, for the second year in succession, surpassed the monumental $1 trillion mark, reaching $1.24 trillion in overall brand value, in what has been a uniquely challenging year for China, and the rest of the world. Despite a decline of 20% year-on-year in the overall value of the Top 100 China ranking, Chinese businesses have demonstrated the importance of building and maintaining a resilient brand, particularly when faced wit

Kantar: Value of the Top 100 Most Valuable Chinese Brands Exceeds $1.24 Trillion Despite a Challenging Year

Macy's high-end stores like Bloomingdale's and Bluemercury saw same-store sales rise during the second fiscal quarter compared to a year ago, according to CEO Jeff Gennette

Despite inflation, Macy's Bloomingdale's and Bluemercury seeing growth

Macy's (M) second-quarter comparable sales fell 1.5% on an owned basis and 1.6% on an owned-plus-licensed basis year over year.

Macy's (M) Q2 Earnings Top, Comp Sales Decline, View Cut

Macy's Inc. (NYSE: M) became the most recent retailer to see its results disintegrate following other retailers, led in size by Target.

Macy's Falls Apart

The second quarter represented a step backward compared to 2021, but results still exceeded expectations.

Macy's Stock Rises Despite Falling Sales and Earnings: Here's Why

Nordstrom

Hopes that wealthy Americans would spend the U.S. economy out of trouble are being discarded like the unsold goods in Macy's and Nordstrom stores.

Nordstrom and Macy's Show Consumers Are Hurting. The Fed May Not Care.

Nordstrom Inc became the latest retailer to lower its financial goals for the year, citing risks of a steeper economic downturn and slowdown in consumer spending in an after-hours release, joining Macy's Inc which issued its warning during the New York trading day on Tuesday. Nordstrom cited weakness among shoppers at its Nordstrom Rack discount chain, which targets lower-end consumers than its flagship stores.

Nordstrom and Macy's latest US retailers to lower financial goals for the year

Persistent high inflation has taken a toll on shoppers, Macy's said on a conference call Tuesday following the retailer's second quarter earnings report.

Macy's says inflation is slowing spending, but not by the wealthy

Though an earnings beat like the kind Macy's (NYSE: M ) printed on Tuesday usually generates buzz, all eyes tend to focus on the forward guidance. Here, the company downgraded expectations for the full year, which ordinarily might sink M stock.

Macy's (M) Stock Rises 6% Despite Cuts to Full-Year Outlook

Wall Street still hopes the Fed stops hiking rates to avoid recession. Value stocks like Macy's are warning of dismal days ahead.

Macy's Rise Suggests Investors Are Delirious

Smaller stores for Macy's and Bloomingdale's including the first replacement in St. Louis for Macy's.

Macy's Reports Second Quarter 2022 And Reveals Seven Points Of Action

Macy's, Inc. (NYSE:M ) Q2 2022 Earnings Conference Call August 23, 2022 8:00 AM ET Company Participants Mike McGuire – Vice President and Head-Investor Relations Jeff Gennette – Chairman and Chief Executive Officer Adrian Mitchell – Chief Financial Officer Conference Call Participants Oliver Chen – Cowen Matt Boss – JPMorgan William Reuter – Bank of America Lorraine Hutchinson – Bank of America Omar Saad – Evercore Partners Kimberly Greenberger – Morgan Stanley Steph Wissink – Jefferies Gabby Carbone – Deutsche Bank Tracy Kogan – Citi Chuck Grom – Gordon Haskett Jay Sole – UBS Bob Drbul – Guggenheim Michael Binetti – Credit Suisse Dana Telsey – Telsey Group Carla Casella – JPMorgan Operator Good morning, and welcome to Macy's, Inc. Second Quarter 2022 Earnings Conference Call. Today's hour-long conference is being recorded.

Macy's, Inc.'s (M) CEO Jeff Gennette on Q2 2022 Results - Earnings Call Transcript

Macy's Inc (NYSE: M) is up nearly 10% on Tuesday after the retailer reported market-beating results for its fiscal second quarter. Macy's Q2 earnings snapshot Net income printed at $275 million versus the year-ago $345 million Per-share earnings were down from $1.08 to 99 cents Adjusted EPS came in at $1.

Macy's stock popped 10% on Tuesday: explained here

Macy's Inc (NYSE: M) shares are trading higher by 7.12% to $20.00 Tuesday morning after the company reported better-than-expected second-quarter EPS and sales results. What Happened?

Why Macy's Stock Is Popping Off Today

The company cut its full-year guidance due to increasing macro headwinds and pressures on the consumer.

News for Macy's Stock (M)