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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For industries that were already struggling prior to 2020, the COVID-19 pandemic is going to be a catastrophic blow.

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Macy's: It's Time For Jeff Gennette To Sell Herald Square

The company had been entering a key phase of its turnaround plan.

Amid Coronavirus Pandemic, Macy's Loses a Key Executive

Department store chain operator Macy's Inc  said on Tuesday that Chief Financial Officer Paula Price would step down from the role on May 31.

Macy's finance chief Paula Price to step down in May

Macy's Inc. m said Tuesday Chief Financial Paula Price has decided to leave the company as of May 31, after about 22 months in the role.

Macy's CFO Paula Price to leave company after less than 2 years in the role

"We will continue to take all necessary actions to ensure that Macy's, Inc. emerges from this pandemic on solid footing and ready to serve our customers," Macy's CEO Jeff Gennette said in a statement.

Macy's CFO Paula Price to depart in May

Macy's (M) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

Macy's (M) in Focus: Stock Moves 8.1% Higher

Macy's Balance Sheet: Not Good, But Good Enough

S&P Global Indices disclosed on April 1 that department store retail giant Macy’s (NYSE:M) “will be removed from the S&P 500 effective prior to the open of trading on Monday, April 6.

S&P 500 Stocks Hanging by a Thread as Macy’s Is Booted Off

Maybe things aren't quite as bad as traders thought.

Why Macy's Shares Are Bouncing Today

Investors need to pay close attention to Macy's (M) stock based on the movements in the options market lately.

Implied Volatility Surging for Macy's (M) Stock Options

Macy's won't be the last company kicked out of the S&P 500. Judged solely by market capitalization, many companies in the index appear in danger of being kicked out.

Macy's is the first of what could be a retail and energy purge from the S&P 500

PVH CEO Manny Chirico said Macy's will be a "survivor when this is all over and we have a great deal of confidence in that management team."

Calvin Klein-parent PVH CEO on Macy's woes: 'We have a great deal of confidence' in their leadership

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As any initial euphoria about limited store closings has now settled into open-ended shutdowns, retailers are furloughing or laying off (what’s the difference?) massive amounts of store workers

Nearly 700,000 Retail Workers Out Of Jobs So Far Due To Coronavirus

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With stores closed, it's a question of survival.

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The beleaguered retailer's market cap has fallen well below levels that qualify it as a large cap stock.

Macy's To Be Removed as a Component of the S&P 500 Index

Macy’s Inc. (NYSE: M) stock hit an all-time low in Wednesday’s session after it was announced that the company would be leaving the S&P 500.

More Trouble for Macy’s Stock: S&P 500 Ouster

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Macy's Inc. M, -7.74% , Coach-parent Tapestry Inc. TPR, -8.26% and Michael Kors-parent Capri Holdings Ltd.

Macy's and Coach, Michael Kors parents join 'fallen angel' ranks as Fitch cuts credits to 'junk' status

Hundreds of thousands of retail workers lost their jobs this week as the coronavirus pandemic continues to decimate the industry.

Half a million Americans were furloughed by major department stores this week

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Retailer Macy's Inc. (NYSE: M) will be removed from the S&P 500 Index later this week, S&P Dow Jones Indices announced late Tuesday.

Macy's Downgraded From S&P 500 To SmallCap 600 Index As Company's Market Cap Shrinks To $1.5B

Macy's is being removed from the S&P 500 Index and replaced by air conditioning company Carrier Global, according to S&P Dow Jones Indices, which oversees the index.

Macy's to be replaced on S&P 500 by Carrier Global

Macy's Inc  will be removed from the benchmark S&P 500 stock index , the S&P Dow Jones Indices said on Tuesday, as coronavirus-induced store closures compound the retail sector's struggles with a shift to online shopping.

Macy's to drop from S&P 500 to small-cap index

S&P Dow Jones Indices said late Tuesday retailer Macy's Inc. M, -8.57% will join the S&P SmallCap 600 and Otis Worldwide Corp.

Macy's to leave the S&P 500 index

Macy's (M) furlough 2020 news will affect almost all of its employees as it seeks to reduce costs associated with the coronavirus.
The post Macy’s Furlough 2020: This Is What Happens for the 130,000 Employees Affected appeared first on InvestorPlace.

News for Macy's Stock (M)