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.

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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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NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) is scheduled to report its third quarter 2020 sales and earnings before the opening of financial markets on Thursday, November 19, 2020. The company will webcast a call with financial analysts and investors that day at 8:00 a.m. ET. Macy's, Inc.'s webcast, along with the associated presentation, is accessible to the media and general public via the company's website at www.macysinc.com. Analysts and investors may call in on 1-888-394-8218 passcod

Macy's, Inc. To Report Third Quarter Results On November 19, 2020

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of Macy's, Inc. (NYSE:M).

Were These Hedge Funds Wrong About Betting On Macy's, Inc. (M)?

Most of Macy's unsecured debt issues trade at significant discounts to par, including several 2023 and 2024 maturities. After raising $4.5 billion of new financing earlier this year and stabilizing its cash flow, Macy's now has a substantial amount of excess liquidity.

Macy's: Opportunistic Debt Repurchases Could Unlock Value

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These elements are key to a rebound for this struggling department store.

Don't Buy Macy's Until These 3 Things Happen

NEW YORK--(BUSINESS WIRE)--This fall, Macy's (NYSE:M) is collaborating with the Culpo sisters on an exclusive ready-to-wear collection, Culpos X INC International Concepts. Celebrating their unique personal style, sisters Olivia Culpo, Aurora Culpo, and Sophia Culpo have artfully designed a versatile, fun assortment of ultra-comfortable, figure-flattering pieces that can be dressed up or down, transitioning easily from day to night. Featuring elevated basics at affordable prices, the collection

Culpo Sisters Partner With Macy's for Exclusive Collection

NEW YORK--(BUSINESS WIRE)--Today, Macy's (NYSE:M) announces the launch of its beloved Believe letter-writing campaign, in partnership with Make-A-Wish, giving believers of all ages the opportunity to send letters and deliver wishes. From Monday, Oct. 26 through Thursday, Dec. 24, for every letter sent to Santa online at macys.com/believe or dropped off in Macy's stores, Macy's will donate $1 to Make-A-Wish, up to $1 million, to help children fighting critical illnesses' life-changing wishes com

Macy's and Make-A-Wish® Invite Customers to Send Letters and Deliver Wishes as Part of 13th Annual Believe Campaign

But the retailer isn't turning out the lights on a new growth opportunity.

More Macy's Stores May Be Dark for the Holidays, and That's a Good Thing

Traditional department store retail, deemed non-essential for long stretches of 2020, is preparing for the most important holiday quarter in recent memory. September retail spending figures showed surprising strength, with both non-store retail and traditional retail holding up.

Macy's: Almost The Last Department Store Standing

Kids, cover your ears. Macy's has some bad news: Santa Claus won't be visiting any of the retailer's stores in 2020, ending a 159-year holiday season tradition. In a move stolen from the plot of every Santa Claus movie ever made, wherein Santa faces obstacles on Christmas plans, the jolly red and white bearer of...

Macy's: There Is No Santa Claus (At Company Stores) This Year

There will be no miracle on 34th Street this year. Santa Claus won't be visiting any Macy's stores in 2020, ending a 159-year holiday season tradition.

Santa is skipping Macy's for the first time in 159 years

In a pilot to last through the holidays, Macy's is converting two mall locations to "dark stores" that will be closed to the public for all but pickup and return of online orders.

Macy's Makes Do With Dark Stores For The Holidays

NEW YORK--(BUSINESS WIRE)--Macy's (NYSE:M) brings magic to the holiday season with thoughtful gifts at every price point for every person on the list. Whether you need a unique stocking stuffer or a truly special piece, for the young or young-at-heart, Macy's makes finding the perfect gift easy, with luxury items to gifts under $100, $50, $25 and $15. What's more, shoppers can explore macys.com/gifts to find easy-to-navigate shopping guides by price or personality and discover the season's most

Fill Your Sleigh With The Perfect Gifts, At Every Price, From Macy's

The department store giant is testing a new tactic as it responds to changing shopping patterns.

Macy's Is Turning 2 Stores Into Fulfillment Centers: Here's Why

Adrian Mitchell will start what promises to be a challenging job next month.

Macy's Names a New CFO

Macy's Inc. said Wednesday that it has named Adrian Mitchell as chief financial officer, effective Nov. 2. Mitchell joins from Boston Consulting Group where he worked with a number of retail clients.

Macy's names Adrian Mitchell as CFO

Macy's Inc said on Wednesday Adrian Mitchell, a managing director at Boston Consulting Group, will take over as the department store operator's chief financial officer in November.

Macy's names retail consulting exec as CFO

NEW YORK--(BUSINESS WIRE)--Macy’s, Inc. (NYSE:M) today announced that Adrian V. Mitchell has been appointed chief financial officer, to take effect November 2, 2020. Mitchell will be responsible for leading all finance functions including, accounting, treasury, investor relations, internal audit, financial/capital planning & analysis, and procurement. He will report to Jeff Gennette, chairman and chief executive officer of Macy’s, Inc. “We’re delighted that Adrian is joining Macy’s, Inc. at

Macy’s, Inc. Announces Chief Financial Officer Transition

Macy's (M) is undertaking prudent measures to meet consumers increased online shopping preference. However, store sales are yet to pick up pace.

Macy's Strives to Boost Online Services Amid Dull Store Sales

Williams has taken over the CFO position at a critical time. She has represented Macy's at several analysts meetings and showed strength and conviction.

Why Is Macy’s Felicia Williams “Interim” Chief Financial Officer?

The deal includes a partnership between the two companies in which Macy's shoppers can opt for installment payments for their purchases.

Macy's Investing in Swedish Installment Payments Company Klarna

This latest recession has been particularly hard for the youngest earners among us. Now two leading buy-now-pay-later leaders are teaming up with two retail giants to stimulate holiday sales.

News for Macy's Stock (M)