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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Crocs

Tractor Supply

Short interest in many high-quality retail names is rising, setting them up for a buy-the-dip opportunity. While sales are slowing or declining compared to the prior year, these companies have stabilized or stabilizing at levels well above the pre-pandemic period and have a favorable outlook for investors.

3 high short-interest retail stocks to buy on the dip

Highlights Feasibility Study confirms highly attractive economics for a large-scale expansion of the Molo Mine and processing facility to a steady-state production rate of 150,000 tpa of graphite concentrate Estimated capital cost of US$161.7 million (including contingency), with pre-tax NPV8 of US$424.1 million and a pre-tax IRR of 31.1% Expansion significantly de-risked through application of NextSource's all-modular construction approach and sharing of infrastructure with existing operations Discussions with OEMs and battery manufacturers indicate robust demand for the Company's product TORONTO, ON / ACCESSWIRE / December 12, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or "the Company") is pleased to announce the results of a Feasibility Study (the "FS") for a mine expansion of its 100%-owned Molo Graphite Mine in southern Madagascar. The FS considers an expansion to the Molo Graphite Mine's current Phase 1 production capacity of 17,000 tonnes per annum ("tpa") through the construction of an additional and standalone processing plant that increases the steady-state production rate to 150,000 tpa of SuperFlake® graphite concentrate over a 25-year life of mine ("LOM").

NextSource Materials Announces Robust Feasibility Study Results for Molo Mine Expansion to 150,000 Tonnes per Annum of SuperFlake(R) Graphite Concentrate

Some analysts say the retailer's ownership of hundreds of stores is the key to investors' buyout bid.

Macy's Billion-Dollar Question: What's More Valuable, Real Estate or the Business?

The investment firms that lobbed in a $5.8 billion acquisition offer for Macy's Inc are unlikely to clinch a deal but may be successful in getting the U.S. department store operator to unlock more value, investment bankers and analysts say.

Lowball bid could spur Macy's to look for better options

Macy's (M) is constantly making great moves to offer a seamless customer experience. Per sources, the company received a buyout proposal of $5.8 billion.

Macy's (M) Mulls Over $5.8 Billion Buyout Proposal Rumors

Talk about the ultimate holiday shopping extravaganza. Shares of department store chain Macy's (NYSE: M ) surged more than 20% Monday to about $21 following several reports suggesting that current investors Arkhouse Management and Brigade Capital Management have submitted a proposal to buy the rest of the company for $5.8 billion, or $21 a share.

Macy's Takeover Could Put Shareholders Out of Misery

Macy's received an acquisition offer valuing the company at $21 a share. It's unclear if management is interested in the deal.

Why Macy's Stock Popped Today

Macy's, Inc. received a lowball bid of $21 per share from Arkhouse Management and Brigade Capital Management to take the company private. The bid is below the estimated value of Macy's real estate assets, which Cowen valued at anywhere from $6 billion to $8 billion. Macy's has strong earnings potential and should reject the offer, waiting for a higher bid that reflects the true value of the company.

Macy's: Hard Pass On This Buyout Offer

Macy's, Inc. (NYSE:M) shares have soared more than 20% Monday after the company received a $5.8 billion buyout offer from private equity firms Arkhouse Management and Brigade Capital Management.  The deal values Macy's at $21 per share, and its share price has risen accordingly to $21.11.

Macy's $5.8B private equity buyout offer could open up market share for its rivals

Macy's (M) shares skyrocketed over 18% in early trading Monday following reports an investor group is looking to buy the biggest U.S. department store chain and take it private.

Macy's Shares Soar on Reports of $5.8B Offer to Take the Retailer Private

Macy's Inc.'s stock soared 18% Monday on a report that an investor group is seeking to take the department-store chain private at $21 a share, sending the company's bonds higher with the stock.

Macy's bonds rally with stock after investor group reportedly offers to take company private

Shares of Macy's (NYSE: M ) are up by about 18% after the retailer received a buyout offer for $5.8 billion from Arkhouse Management and Brigade Capital Management, according to sources familiar with the matter. The buyout price represents a per share price of $21, about 21% higher than M stock's closing price of $17.39 on Friday.

5 Investors Betting Big on Macy's (M) Stock

Just in time for Christmas, private equity groups have tabled a $5.8 billion offer to buy department store chain Macy's (NYSE: M ). M stock is surging on the news.

Buyout Alert: Investor Group Is Gunning to Own Macy's

Macy's Inc (NYSE: M) popped 17% on Monday following a report that Brigade Capital Management and Arkhouse Management have proposed to acquire the chain of department stores for $5.8 billion.

Macy's stock dubbed a ‘melting ice cube' despite a buyout proposal

Macy's Inc (NYSE:M) is getting an early Christmas present.

Macy's Stock Surges on $5.8 Billion Buyout Offer

A suitor has shown up at Macy's, but given the tough environment, a deal that crosses the finish line would be a surprise gift for shareholders.

Macy's Buyout Could Take a Miracle on 34th Street

Cigna

Markets got off to a quiet start to the new week. Macy's shares jumped on news of a potential buyout bid from private equity investors.

Monday Morning's 2 Must-Watch Stocks

It's no secret that department stores have been struggling, with one exception. That exception is not Macy's Inc.

Is This the Beginning of the End for Macy's?

The retail sector has struggled over the past few years due to the COVID bubble bursting and the shift in consumer habits that have discretionary items out of favor compared to dailies and health and beauty products. Today's takeaway is that the heavily beaten-down sector provides some profound value opportunities that private equity capital has begun to scoop up.

Macy's buy-out signals deep value in the retail sector

An investor group reportedly offered $5.8 billion to buy Macy's and take the major American department store chain private. Real-estate focused investing firm Arkhouse and Brigade Capital Management, an asset management company, submitted a proposal to acquire the Macy's stock they don't already own on Dec.

Macy's reportedly received $5.8B buyout bid to take retailer private

An investment group on Dec. 1 submitted a $5.8 billion bid to take Macy's private, the WSJ reported Sunday. M stock rallied 17% on the news.

M Stock Rockets On $5.8 Billion Bid To Take Legacy Retailer Macy's Private

US department store chain that also owns Bloomingdale's reportedly received approach from two existing investors

Macy's offered $5.8bn buyout that could take it off stock market

The price of Macy's stock surged more than 20% in pre-market trading Monday, following reports that a group of investors put forth a $5.8 billion bid to buy the department store chain and take it private.

Macy's Shares Surge In Premarket Amid Reports Of $5.8 Billion Acquisition Bid

Eminent US department store Macy's, Inc has reportedly received a $5.8 billion (£4.6 billion) buyout offer from private equity firms Arkhouse Management and Brigade Capital Management, according to the Wall Street Journal. The unconfirmed $21-per-share offer represents a 21% premium to Macy's Friday closing price, suggesting the private investors believe the chain is undervalued by the public markets.

Undervalued Macy's reportedly gets $5.8bln buyout offer

A group of investors has offered $5.8 billion to buy the retailer and take it private, The Wall Street Journal reported Sunday.

News for Macy's Stock (M)