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 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.

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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.

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

Macy's to Expand Workforce With 31,500 Seasonal Hires for Holidays

Macy's said on Thursday it will hire more than 31,500 full and part-time employees for the upcoming holiday season - fewer than last year - as the U.S. department store gears up for a busy shopping period.

Macy's to hire more than 31,500 employees for holiday season

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Gears Up to Hire for More Than 31,500 Seasonal Positions to Deliver Joyful Holiday Shopping Experiences.

Macy's, Inc. Gears Up to Hire for More Than 31,500 Seasonal Positions to Deliver Joyful Holiday Shopping Experiences

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the “Tender Offer”) by its wholly owned subsidiary, Macy's Retail Holdings, LLC (the “Company”), for each series of notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid interest, which also will be paid to, but excluding, the applicable Settlement Date and exclud.

Macy's, Inc. Announces Early Tender Results of Debt Tender Offer

NEW YORK--(BUSINESS WIRE)--Today, Macy's introduced Mode of One, a new contemporary menswear brand designed for the individual who sees style as a powerful form of self-expression. The assortment features a range of high-quality must-have items from elevated everyday essentials to statement-making designs, all with a focus on impeccable fits and proportions. Mode of One strengthens Macy's contemporary menswear assortment and is part of the company's ongoing private brands reimagination. The col.

Macy's Launches Mode of One, a New Contemporary Menswear Brand, Strengthening Fashion Leadership in Private Brands

Macy's, Inc. (NYSE:M ) Goldman Sachs 31st Annual Global Retailing Conference September 5, 2024 8:15 AM ET Company Participants Tony Spring - Chairman and Chief Executive Officer Adrian Mitchell - Chief Operating Officer and Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Brooke Roach Good morning, everyone, and welcome to Day Two of our Goldman Sachs Global Retailing Conference. My name is Brooke Roach.

Macy's, Inc. (M) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced that its wholly owned subsidiary, Macy's Retail Holdings, LLC (the “Company”), has commenced a cash tender offer (the “Tender Offer”) to purchase up to an aggregate principal amount of its outstanding notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid interest, which also will be paid to, but excluding, the applicable Settlement Da.

Macy's, Inc. Announces Debt Tender Offer

Laser Photonics Corp

ORLANDO, FL / ACCESSWIRE / August 29, 2024 / 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 second quarter ended June 30, 2024. Wayne Tupuola, CEO of Laser Photonics, commented: "While our second quarter reflected a revenue decline due to pushouts in timing for expected orders that were delayed resulting from customers' internal capex review processes, we are encouraged by the mix of CleanTech representing over 80% of our sales during the quarter.

Laser Photonics Announces Second Quarter 2024 Results

This column is part of the eighth annual Heard on the Street stock-picking series.

Macy's Doesn't Need a Miracle to Lift Its Stock

Macy's, Inc. M holds a prominent position in the U.S. retail sector, operating a diverse portfolio of department stores under the renowned banners of Macy's, Bloomingdale's, and Bluemercury. With a 156-year history in the American retail landscape, Macy's, Inc. continues to adapt and evolve in a changing consumer discretionary environment.

Macy's Exhibits Resilience in a Demanding Retail Environment

Macy's (M) adjusts its outlook due to lower sales and a cautious consumer environment. However, it continues to focus on modernization and strategic investments.

Post Macy's (M) Q2 Earnings: Should You Buy, Hold or Sell the Stock?

The veteran retailer posted an estimate-topping second quarter. That wasn't the whole story, however.

Why Macy's Stock Plummeted by Nearly 10% This Week

Macy's, Inc. management may regret not accepting a buyout offer, as shares trade over 35% below the offer value. The company's Q2 results show mixed performance with revenue decline, credit card revenue risks, and weaker consumer outlook leading to lowered guidance. Despite a turnaround plan and potential acquisition interest, challenges in the retail sector and declining earnings lead to a sell rating for Macy's shares.

Macy's Q2 Results: Weak Sales And Credit Card Risks Spell Trouble

The future of Macy's continues to evolve into a story of haves and have-nots.

The list of Macy's stores marked for closure in 2024 got bigger. The company says it's good news

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Participate at the Goldman Sachs 31st Annual Global Retailing Conference.

Macy's, Inc. to Participate at the Goldman Sachs 31st Annual Global Retailing Conference

Shares of Macy's Inc M remained volatile in early trading on Thursday, after the company reported weak quarterly sales.

Macy's Strong Earnings Tempered By Weak Sales, But Analysts See 'Green Shoots' Emerging

24/7 Wall St. Insights Macy's Inc. (NYSE: M) customers clearly have decided to shop elsewhere.

Macy's Won't Ever Recover

Shares of Macy's Inc. slid on Wednesday after the department-store chain cut its outlook and said that consumers were still skittish. Positives were hard to find, but management tried their best to highlight some.

Macy's results disappoint Wall Street, but executives see ‘light at the end of the tunnel'

Macy's, Inc. M shares are trading lower after the company reported a second-quarter revenue miss.

Macy's Ability To Achieve Revised Outlook Amid Weak Macro Environment Is Doubtful: Analyst

Macy's officials are confident in their “A Bold New Chapter” strategy, highlighted by the company's First 50 locations. During its second-quarter earnings call Wednesday (Aug. 21), Macy's Chairman and CEO Tony Spring noted the retailer showcased these flagship stores as a beacon of success amid a challenging retail environment.

Macy's Optimistic About ‘First 50' Strategy Despite Overall Sales Drop

Macy's posted declining comparable-sales growth and missed top-line estimates. Gross margin improved, leading to a bottom-line beat.

Why Macy's Stock Was Falling Today

Macy's (M) Q2 results reflect a y/y decline in comps. However, it sees fiscal 2024 as a transitional and investment year, focusing on key strategic initiatives to improve customer experience.

Macy's (M) Q2 Earnings Beat Estimates, Comps Decline Y/Y

Macy's (NYSE: M ) just reported results for the second quarter of 2024. Macy's reported earnings per share of 53 cents.

M Stock Earnings: Macy's Beats EPS, Misses Revenue for Q2 2024

Macy's, Inc. (NYSE:M ) Q2 2024 Earnings Conference Call August 21, 2024 8:00 AM ET Company Participants Pamela Quintiliano - VP of IR Tony Spring - Chairman & CEO Adrian Mitchell - COO & CFO Conference Call Participants Matthew Boss - JPMorgan Chase Brooke Roach - Goldman Sachs Bob Drbul - Guggenheim Partners Dana Telsey - Telsey Advisory Group Blake Anderson - Jefferies Tracy Kogan - Citi Alex Straton - Morgan Stanley Neil Goh - TD Cowen Michael Binetti - Evercore ISI Jay Sole - UBS Janet Kloppenburg - JJK Research Operator Greetings, and welcome to Macy's, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Macy's, Inc. (M) Q2 2024 Earnings Call Transcript

All eyes are on the retailer's new CEO as the department chain struggles to win over inflation-weary customers drawn to affordable rivals like Target and Walmart.

News for Macy's Stock (M)