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

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.

The retailer is putting fewer styles on shelves and using technology to get shoes out of the stockroom faster.

Buying Shoes at Macy's Isn't Fun. Its New CEO Is Trying to Change That.

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Report Third Quarter 2024 Results on November 26, 2024.

Macy's, Inc. to Report Third Quarter 2024 Results on November 26, 2024

In the most recent trading session, Macy's (M) closed at $15.27, indicating a -0.46% shift from the previous trading day.

Macy's (M) Stock Drops Despite Market Gains: Important Facts to Note

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the third quarter (‘Q3') of 2024. 2024 THIRD QUARTER | FINANCIAL HIGHLIGHTS Income Statement (US$M) Q3 2024 Q3 2023 $ CHANGE % CHANGE Lease revenue 677 588 89 +15% Operating cashflow 536 626 (90) (14%) EBITDA 645 597 48 +8% Net income 120 97 23 +24% Balance Sheet (US$M) Q3 2024 FY 2023 $ CHANGE % CHANGE Total available liquidity 9,072 7,228 1,844 +26% Total assets 31,587 30,513 1,074 +4% Unsecured.

Q3 Net Income up 24% to US$120 Million and Lease Revenue up 15% to US$677 Million

Bloomingdale's announces a holiday partnership with Universal Pictures' new cinematic event, Wicked; with immersive activations, exclusive products including an AQUA collaboration, and their annual 59th Street window unveiling. NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Bloomingdale's announces its Wicked Good Holiday campaign in partnership with Universal Pictures' spectacular new cinematic event, Wicked, the untold story of the witches of Oz.

BLOOMINGDALE'S LAUNCHES A WICKED GOOD HOLIDAY

Zedge

Fourth quarter total revenue growth of 14% Fourth quarter Zedge Marketplace subscription revenue grew 31% Fourth quarter Zedge Marketplace ARPMAU1 increased 43% NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), a leader in digital marketplaces and interactive games that provides content, enables creativity, empowers self-expression and facilitates community, today announced results for its fourth quarter and full year fiscal 2024, ended July 31, 2024. Jonathan Reich, Zedge's CEO, commented, "We concluded the year with strong momentum, achieving 14% overall company revenue growth in the fourth quarter, including impressive Zedge Marketplace subscription revenue growth of 31%, Zedge Premium Gross Transaction Value (GTV)1 growth of 56% and ARPMAU growth of 43%.

Zedge Announces Fourth Quarter and Full Year Fiscal 2024 Results

Macy's (M) concluded the recent trading session at $15.51, signifying a +0.78% move from its prior day's close.

Macy's (M) Outperforms Broader Market: What You Need to Know

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Board of Directors Declares Quarterly Dividend.

Macy's, Inc. Board of Directors Declares Quarterly Dividend

Macy's is closing 150 stores by the end of 2026 and rolling out new initiatives in its remaining stores. The First 50 locations to see these new initiatives have outperformed Macy's other stores. Macy's expects $600 million to $750 million in asset sale proceeds by the end of 2026.

Macy's: Slimming Down Its Store Base To Restore Growth

In the most recent trading session, Macy's (M) closed at $15.70, indicating a -2% shift from the previous trading day.

Here's Why Macy's (M) Fell More Than Broader Market

Dick's Sporting Goods

For the second-straight month, retail sales exceeded estimates.

3 Retail Stocks to Watch With Contrarian Potential

Macy's is set to celebrate the grand opening of Bloomie's on Nov. 14, 2024, introducing an exclusive all-women's assortment to the Central Jersey community.

Macy's Announces the Opening of the Fourth Bloomie's Store

Macy's (M) reachead $15.64 at the closing of the latest trading day, reflecting a +1.69% change compared to its last close.

Macy's (M) Advances While Market Declines: Some Information for Investors

The Fourth Bloomie's Location is set to open at The Grove in Shrewsbury on November 14 NEW YORK , Oct. 15, 2024 /PRNewswire/ -- Today Bloomingdale's announces the fourth Bloomie's store format is set to open on November 14, 2024 in The Grove Shopping Center in Shrewsbury, New Jersey. This location will be the first of its kind to carry an all-women's assortment, including a highly curated collection of contemporary ready-to-wear, inclusive of complementary accessories, beauty, and the most elevated expression of fine jewelry to date.

Bloomie's By Bloomingdale's is Opening in New Jersey

NEW YORK--(BUSINESS WIRE)--As the ultimate holiday destination, Macy's brings the magic of the holidays to life with beloved iconic events, whimsical window displays, unique shopping experiences and the top trending gifts on everyone's list. This year, Macy's will help guide customers to the perfect gifts with a curated collection of fresh, exclusive products, new brands and unmatched value across all categories. “As we embrace the joy of the holiday season, Macy's will once again be at the cen.

Experience the Magic of Holidays With Macy's: Your Ultimate Holiday Guide to Gift Giving and Celebration

Highlights: Positive National Instrument 43-101 ("NI 43-101") Preliminary Economic Assessment ("PEA") for the BamaStar Mine and Concentrator Plant in Coosa County, AL and a value-add upgrading plant in Mobile, AL. The natural flake graphite concentrate precursor material for the value-add plant will come from South Star's BamaStar and Santa Cruz Mines, which is now in Phase 1 operations in Brazil.

South Star Announces Significant Increase in Mineral Resources and Positive BamaStar PEA Results for Vertically Integrated Graphite Mine and Value-Add Project in Alabama, U.S.A.

Amazon

Bath and Body Works

Target

Amazon, Target, Macy's and Bath & Body Works are included in this Analyst Blog.

The Zacks Analyst Blog Amazon, Target, Macy's and Bath & Body Works

Retailers such as Amazon, Target, Macy's and Bath & Body Works are deploying a reasonable number of seasonal associates to deal with the holiday rush.

How AMZN, TGT, M & BBWI Are Preparing for the Holiday Season Rush

Macy's, Inc.'s CAGR is -17.70%, with a ten-period moving average CAGR of -5.37%, indicating a significant decline. Net sales have decreased in seven of the last ten years, with the latest report showing the second-weakest year since 2020. Despite declining metrics, Macy's management has introduced a restructuring plan titled "A Bold New Chapter" to revitalize the company.

Macy's Bold New Chapter Strategy Faces Too Many Uncertainties

Macy's (M) closed the most recent trading day at $15.37, moving +0.13% from the previous trading session.

Why the Market Dipped But Macy's (M) Gained Today

The retailer's annual campaign will benefit its two long-standing partners, the Breast Cancer Research Foundation and the Tutu Project NEW YORK , Oct. 1, 2024 /PRNewswire/ -- To mark Breast Cancer Awareness Month and as part of its annual Pink Campaign, Bloomingdale's today launches a new AQUA  x Kerri Rosenthal collection . For the past 19 years, and in partnership with the Breast Cancer Research Foundation (BCRF) and The Tutu Project, Bloomingdale's has raised over $18 million through activations that span stores across the U.S. and online.

BLOOMINGDALE'S ANNUAL PINK CAMPAIGN LAUNCHES IN TANDEM WITH AQUA X KERRI ROSENTHAL COLLECTION

M Stock is grappling with declining discretionary spending and rising operational costs, prompting investors to proceed with caution.

Macy's Down 21% in 3 Months: Should Investors Still Hold M Stock?

NEW YORK--(BUSINESS WIRE)--Macy's and Toys“R”Us® are kicking off the holiday season with the unveiling of Geoffrey's Hot Toy List for 2024, featuring the hottest toys for every age and interest. This year's list includes 150 of the most coveted toys for the ‘Toys R Us' kid in all of us, from favorite brands like Barbie®, Hot Wheels, Pokémon, LEGO®, Bluey & more. Highlights include a Toys“R”Us® exclusive Geoffrey with a Christmas Tree FUNKO, along with popular brands created by Toys“R”Us, in.

Macy's and Toys“R”Us® Announce Geoffrey's Hot Toy List for the 2024 Holiday Season

Macy's (M) reported earnings 30 days ago. What's next for the stock?

Macy's (M) Up 1.1% Since Last Earnings Report: Can It Continue?

M is set to hire seasonal employees for the upcoming holiday season across its Macy's, Bloomingdale's and Bluemercury stores and distribution centers.

News for Macy's Stock (M)