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.

Macy’s stock has been hit by a wave of bad news, including a poor Q3 earnings report and a data breach at Macys.com.

A Poor Q3 Report Is the Least of M Stock’s Worries

Whether we are talking about Macy’s, JC Penney–or a host of other legacy retailers that are struggling–it is quite shocking how low performance expectations have become and how common it is to default to store closings as a big part of a turnaround plan.

A Slightly Better Version of Mediocre is Not Macy’s Salvation

A comprehensive review of Macy's CEO Jeff Gennette's stated strategies for the past two years shows that they do not have a hope and a prayer of solving what plagues Macy's.

Macy’s CEO Jeff Gennette's Recent Strategies Are As Outdated As Department Stores Themselves

Macy's Inc  cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.

Macy's cuts profit outlook as tourist numbers drop

Macy's Inc (M) CEO Jeff Gennette on Q3 2019 Results - Earnings Call Transcript

Macy's (M) earnings for the retail chain's third quarter of 2019 have M stock down on Thursday on missed revenue and a poor outlook.
The post Macy’s Earnings: M Stock Dips 2% on Lower-Than-Expected Guidance appeared first on InvestorPlace.

Macy’s Earnings: M Stock Dips 2% on Lower-Than-Expected Guidance

Macy's Inc  cut its annual profit forecast for the second time this year on Thursday, as the department store operator  blamed weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.

Macy's cut profit outlook after weak quarter; confident for holiday

Macy's said its online growth slowed during the third and most recent quarter.

Macy's online sales growth slowed. But that also means it's more profitable

Macy’s cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism and sluggish mall traffic for the first drop in same-store sales in two years. Shares fell nearly 5 percent to $14.34 in premarket trading, as the company was the second major department.

Macy’s shares slip nearly 5 percent over weak sales numbers

This is what an atrocious quarter for a retailer looks like.

After an Awful Earnings Report, Macy's Desperately Needs a New Strategy

Macy's said its stores at weaker U.S. shopping malls were hurt by slower foot traffic during the latest quarter, leading to a steeper-than-expected sales decline.

Macy's blames sluggish sales on weak shopping malls

Even before Macy's reported weak results, analysts have been piling on the criticism, and questioning its relevance in the changing world of retail.

Macy’s Is Retail’s Most Unloved Stock And Today’s News Didn’t Change That

Macy's (M) third-quarter comparable sales fall after seven straight quarters of growth. Also, management trims fiscal sales and earnings guidance.

Macy's (M) Q3 Earnings Top Estimates, Stock Falls on View Cut

Popular retail giant's stock is down and is one of the worst performing name in the S&P 500, with its stock down being slashed 46% this year.

Macy's Reports Same-Store Sales Decline And Data Breach

Macy's (M) delivered earnings and revenue surprises of 600.00% and -2.58%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?

Macy's (M) Q3 Earnings Beat Estimates

Macy's Inc  cut its annual profit forecast for the second time this year on Thursday, as the department store operator  blamed weak international tourism and sluggish mall traffic for the first drop in same-store sales in two years.

Macy's cuts forecast ahead of holiday season after gloomy quarter

Macy’s Inc. (NYSE: M) reported third-quarter 2019 results before markets opened Thursday.

Macy’s Piles On More Bad News

Macy's Inc  cut its annual profit forecast for the second time this year on Thursday after a bigger-than-expected drop in third-quarter comparable store sales due to weak international tourism and sluggish mall traffic.

Macy's posts bigger same-store sales drop, cuts 2019 profit outlook

Macy's (NYSE: M) reported third-quarter earnings of 7 cents per share on Thursday.

Macy's Trades Lower On Q3 Sales Miss, Guidance Cut

Macy's Inc. shares M, -0.13% slid 5% in premarket trade Thursday, after the department store chain missed sales estimates for the third quarter and lowered guidance for the full year.

UPDATE: Macy's shares slide after sales miss and lowered guidance as weather and soft tourism weigh

Macy's Inc  reported a bigger-than-expected fall in quarterly same-store sales and cut its full-year profit forecast on Thursday, blaming weak international tourism and sluggish mall traffic.

Macy's posts bigger-than-expected drop in same-store sales, cuts outlook

Earlier in the week, Kohl's delivered dismal results that led to a broader selloff among department store retailers, including Macy's and Nordstrom.

Macy's is about to report earnings. Here's everything you need to know

Ulta Beauty

Talk of a downturn in the beauty industry is overstated. Makeup, fragrance and skincare will all make for compelling gifts this year and the Q4 market share race has expanded to five key players.

Beauty Will Be Big This Holiday Season: Why Macy’s Will Be A Contender And Ulta Will Struggle

Nordstrom

Kohl's

Macy's and Nordstrom will report Thursday, after Kohl's on Tuesday reported weaker Q3 earnings and cut full-year guidance.
The post Macy's, Nordstrom To Report After Kohl's Dives On Weak Earnings, Guidance appeared first on Investor's Business Daily.

Macy's, Nordstrom To Report After Kohl's Dives On Weak Earnings, Guidance

Macy's (NYSE: M) announces its next round of earnings this Thursday, November 21.

News for Macy's Stock (M)