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, Inc. M reported third-quarter fiscal 2023 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate. However, both metrics declined from the respective year-ago fiscal quarter's reported figures.

Macy's (M) Q3 Earnings Beat Estimates, Comp Sales Decline

Unlike its sector peer  Walmart (WMT), retail stock Macy's Inc ( NYSE:M) is surging today, up up 5.7% at $13.33.

Options Bulls Rush Macy's Stock After Quarterly Win

Macy's, Inc. (NYSE:M ) Q3 2023 Earnings Conference Call November 16, 2023 8:00 AM ET Company Participants Pamela Quintiliano - Vice President of Investor Relations Jeff Gennette - Chairman and Chief Executive Officer Tony Spring - President and Chief Executive Officer-Elect Adrian Mitchell - Chief Operating Officer and Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan Oliver Chen - TD Cowen Brooke Roach - Goldman Sachs Ashley Helgans - Jefferies Michael Binetti - Evercore ISI Arian Razai - Guggenheim Securities Greg Sommer - Gordon Haskett Alex Straton - Morgan Stanley Dana Telsey - Telsey Advisory Group Gabby Carbone - Deutsche Bank Lorraine Hutchinson - Bank of America Janet Joseph - JJK Research Operator Greetings, and welcome to the Macy's, Inc. Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Macy's, Inc. (M) Q3 2023 Earnings Call Transcript

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Long-Term Jobless Claims Highest in 2 Years; Walmart Meets, Macy's Beats

Macy's Inc (NYSE: M) opened 12% up this morning after reporting upbeat results for its third financial quarter as inventories returned to “healthy” levels. Macy's Inc raised its future outlook today Investors are cheering also because the management raised its guidance for the full year on Thursday.

Macy's Q3 earnings: ‘entering holiday period in healthy inventory position'

Although the revenue and EPS for Macy's (M) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Macy's (M) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Macy's, Inc. (NYSE:M) shares rose in Thursday premarket trading after the department store chain reported positive third-quarter earnings and raised its full sales guidance. A 6% year-over-year decline in merchandise inventories and a 160 basis point improvement in its gross margin to 40.3% helped drive the better-than-expected results.

Macy's shares rally on 3Q earnings surprise

Macy's posts third-quarter adjusted earnings of 21 cents a share on sales of $4.86 billion.

Macy's Stock Rises as Earnings Beat Estimates and Inventory Improves

Shares of Macy's Inc. M, +7.50% shot up 8.3% toward a three-month high in premarket trading Thursday, after the department store chain reported a big fiscal third-quarter profit beat and nudged up its full-year outlook, helped by a “refined” gift assortment and “simplified” promotions. Net income for the quarter to Oct. 28 fell to $43 million, or 15 cents a share, from $108 million, or 39 cents a share, in the year-ago period.

Macy's stock shoots up after big earnings beat and full-year outlook nudged up

Macy's earnings easily topped Wall Street's expectations.

Macy's profit beats as inventory and margins improve

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today reported financial results for the third quarter of 2023 and updated its annual guidance. “I'd like to thank our teams for executing well during the quarter. We delivered better-than-expected top and bottom line third quarter results and are entering the holiday period in a healthy inventory position. Our portfolio of nameplates are leading gift-giving destinations across the value spectrum offering exclusive products. We have refined our.

Macy's, Inc. Reports Third Quarter 2023 Results

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NEW YORK--(BUSINESS WIRE)--Today, Macy's announced that it has expanded Disney products across all categories to bring joy to all ages this Holiday season. From fine jewelry to home and toys, Macy's has an exclusive assortment of products to celebrate Disney's 100th Anniversary. The Disney collection is now available to shop at Macy's stores nationwide, online at macys.com and Macy's mobile app. Macy's has also unveiled a Disney Princess collection that includes role play costumes, accessories,.

Macy's Expands Disney Collection to Celebrate Disney's 100th Anniversary

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ORLANDO, FL / ACCESSWIRE / November 14, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its third quarter ended September 30, 2023. Wayne Tupuola, CEO of Laser Photonics, commented: "Our third quarter showed strong sequential and modest year-over-year growth in revenue and gross margin as we added new customers in the military, energy and automotive verticals, in addition to expanding our Service Provider Network (SPN) membership into Hawaii and Nebraska.

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Beyond analysts' top -and-bottom-line estimates for Macy's (M), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2023.

Exploring Analyst Estimates for Macy's (M) Q3 Earnings, Beyond Revenue and EPS

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Harley-Davidson, Macy's, and Etsy are among the market's biggest losers this year.

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Macy's (M) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Macy's (M) to Report a Decline in Earnings: What to Look Out for

NEW YORK--(BUSINESS WIRE)--Fred Rogers Productions, the children's educational media organization behind the hit series Daniel Tiger's Neighborhood, and 9 Story Brands, its worldwide licensing agent for the popular brand, together with toy partner JAKKS Pacific and retail marketing agency Licensing Street, have secured a new retail program for the much-loved preschool property in Macy's Toys ‘R' Us shops. The assortment includes eight Daniel Tiger's Neighborhood toy skus rolling out to 200+ Mac.

Daniel Tiger's Neighborhood Toys to Arrive at Macy's Toys ‘R' Us in November – Just in Time for Holiday 2023

LONDON, UK / ACCESSWIRE / November 6, 2023 / Trident Royalties Plc ("Trident" or the "Company") (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, is pleased to provide an update on its activities during the quarter ended 30 September 2023. HIGHLIGHTS Quarterly receipts of US$1.94 million from exposure to gold, copper, and iron ore.

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If there is one legacy retailing stock and company that almost everybody recognizes it is the venerable Macy's Inc.

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Bloomie's are small, superbly edited stores with beautiful, well selected brands.

Bloomie's Mini-Store Strategy – Can It Win For Macy's?

As the ultimate holiday gifting destination, Bloomingdale's announces a series of holiday programming including The Carousel @ Bloomingdale's: Wonka, and window unveiling in partnership with Broadway Cares/Equity Fights AIDS NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Bloomingdale's today announced the official start of the holiday season with its annual, Best Holiday Ever. The seasons' campaign kicks off with the debut of The Carousel @ Bloomingdale's: Wonka, followed by the annual window unveiling hosted this year in partnership with Broadway Cares/Equity Fights AIDS.

BLOOMINGDALE'S KICKS OFF "THE BEST HOLIDAY EVER" CAMPAIGN

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the third quarter (Q3) of 2023. 2023 THIRD QUARTER | FINANCIAL HIGHLIGHTS Income Statement Three Months Ended September 30   Nine Months Ended September 30 (US$M) 2023 2022 $ Change % Change   2023 2022 $ Change % Change Lease revenue 588 546 42 +8%   1,799 1,743 56 +3% Operating cashflow 626 278 348 +125%   1,307 903 404 +45% Net income 97 141 (44) (31%)   229 (33) 262 N/A Adjusted net income* 103.

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NEW YORK--(BUSINESS WIRE)--This holiday season, Macy's highlights its dedication to youth empowerment through its partnership with Big Brothers Big Sisters (BBBS). As part of the brand's social purpose platform, Mission Every One, from November 1 through December 24, Macy's will launch a special in-store round up (up to $.99) and online donation campaign to benefit BBBS' mission of serving young people through the power of mentorship to help create paths for future success. In its inaugural yea.

Macy's Celebrates the Holiday Season With Big Brothers Big Sisters

Exclusive Styles Available at 59th Street for a Limited Time NEW YORK , Oct. 27, 2023 /PRNewswire/ -- Fine jewelry brand LAGOS announces its expansion in the New York market with the launch of the brand's new boutique at Bloomingdale's 59th Street. The luxury retailer more than doubled its offering of the brand's signature Caviar collections, providing shoppers with even more ways to express their personal style.

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