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

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Earnings data Q4 2023

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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 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.

Macy's (M) Q1 Earnings in Focus: Factors Likely to Impact

Macy's is unfairly valued below many of its competitors.

Macy's: A Diamond In The Rough

The department store's turnaround seemed to lose momentum toward the end of 2018. Is it getting back on track?

Macy's Earnings Preview: Is the Turnaround Still Alive?

What is Weighing on Macy's (M) & other Department Store Stocks?

Macy's can think about resuming its share buyback program this year, after Fitch and S&P both upgraded their outlooks for the department store giant's credit rating to "stable" in the past week.

Macy's Credit Ratings Have Finally Stabilized

Shares of retailer Macy’s rose 2% Wednesday, following a report by Bloomberg the retailer may build an office tower on top its flagship New York store.

Macy’s shares rise 2 percent on report retailer may build office tower on top of flagship New York store

But investors should curb their expectations for how much this new retail concept will help revitalize Macy's stores.

Macy's Rolls Out Rotating STORY Boutiques to Boost Traffic

The retailer wants to create a “real life” Instagram in its stores, but will this ambitious project pay off?

Macy's Wants to Tell a “Story”, but Is Anyone Listening?

Jim Cramer checks in with Macy's CEO Jeffrey Gennette, who explains how tax reform made a way for employees to share in the company's performance.

Macy's CEO responds to Jeff Bezos: We put our tax savings back into our employees

Macy's, General Mills, and Markel are inexpensive stocks in an aging bull market.

3 Stocks That Are Absurdly Cheap Right Now: Macy's

Macy's (M) has launched a theme-based concept shop, Story, in 36 locations. Story offers curated merchandise to customers.

Macy's (M) Ups its Retail Game, Launches Story in 36 Stores

Macy's Inc.  will bring its Story concept shop to 36 stores in 15 states, the department store retailer said Wednesday.

Macy's to add Story concept shop to 36 stores, hires 270 staffers

Macy's is adding 1,500-square-foot Story shops to 36 of its stores across the country, including at its Herald Square flagship.

Macy's is taking 36 of its stores and putting a new kind of store inside them

Allergan

CVS Health

Good bargains are hard to find in today's market. We have a few overlooked stocks for you to capitalize on.

3 Value Stocks Are Absurdly Cheap Right Now

Macy's (M) sustained focus on price optimization, inventory management, merchandise planning and private label offering bode well. The company's low pricing power and stiff competition are major deterrents.

Macy's Down More Than 10% YTD: Can Efforts Aid Turnaround?

Shares of the department-store chain moved higher on hopes that tariffs on Chinese goods will soon be lifted.

Why Macy's Stock Rose Today

Brookfield Asset Management

New buildings could soon start to pop up on excess parking lot space controlled by Macy's.

Is the Macy's-Brookfield Partnership Finally Making Headway?

Macy's brand is well-known in the US and is the country's biggest department store retailer.

Macy's: A Real Value Play In A Doomed Retail World

Macy's has an attractive dividend yield, but does the company have the financial strength to maintain its payout?

Is Macy’s Dividend Sustainable?

Kohl's

It has been an up-and-down couple of years for department store investors, so the recent rally was welcome news. The excitement will be short-lived, though.

News for Macy's Stock (M)