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

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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.

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This year, consumer stocks have been hammered as inflation lingers at 40-year highs and interest rates rise. The Dow Jones U.S. Consumer Goods Index is down 20% this year as consumers pull back on their spending.

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NEW YORK--(BUSINESS WIRE)--Building on the company's existing authority as a digitally-led omnichannel retailer, Macy's today announced the launch of its digital marketplace on macys.com, providing customers with a curated assortment of new brands, merchandise categories and products from third-party merchants and brand partners. “After a year of intense work creating an exceptional experience for customers and sellers, we are thrilled to launch a curated marketplace on macys.com, expanding our

Macy's Launches Its Curated Digital Marketplace

Macy's (M) gears up for the holiday season by unveiling hiring plans to manage the holiday rush. It is constantly making great moves to offer a seamless customer experience.

Macy's (M) Readies for Holiday Season, Unveils Hiring Plans

Walmart

Last year, as many as 665,000 people turned to seasonal retail jobs during the holidays. This year, they may have a harder time finding an open role.

Retailers like Walmart and Macy's are dramatically slowing seasonal hiring, a sign that inflation could hammer the holiday shopping season

Dick's Sporting Goods

Retailers such as Walmart (WMT), Target (TGT), Macy's (M) and DICK'S Sporting Goods (DKS) are deploying a reasonable number of seasonal associates to deal with the holiday rush.

Retailers Amp Up Hiring With Eyes on the Holiday Season

Macy's Inc. and Dick's Sporting Goods Inc. on Monday became the latest retailers to trim their holiday-season hiring plans, after rising prices for essential goods pulled consumer spending away from purchases like clothing and televisions.

Retailers are trimming holiday hiring plans, and it's not just because of the economy

SYNNEX

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal third quarter ended August 31, 2022.     Q3 FY22     Q2 FY22(2)     Q3 FY21     Net Change from Q2 FY22   Net Change from Q3 FY21 Revenue ($M)   $ 15,356     $ 15,270     $ 5,207     0.6 %   194.9 % Operating income ($M)   $ 241.5     $ 252.7     $ 148.2     (4.4 ) %   63.0 % Non-GAAP operating income ($M)(1)   $ 398.3     $ 398.3     $ 168.2     — %   136.7 % Operating ma

TD SYNNEX Reports Fiscal 2022 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--To kick off the holiday season, Macy's and Toys“R”Us® reveal Geoffrey's 2022 Hot Toy List. This year's 100 Hot Toy List features the most exciting toys for the ‘Toys R Us' kid in all of us, from favorite brands like Barbie, Fisher-Price, LEGO, Disney, Pokémon, Hot Wheels and more. Geoffrey's curated list will also feature an exclusive limited edition Funko POP! Holiday Geoffrey figure wrapped up in a holiday Macy's sweater and a selection of popular brands created by

Macy's and Toys“R”Us Reveal Geoffrey's 100 Hot Toy List for the 2022 Holiday Season

Fast access to pay is one of the benefits retail chains are offering as they compete for employees to fill seasonal positions for the upcoming holiday season. Dick's Sporting Goods is offering potential candidates its optional DailyPay, the company said in a Monday (Sept.

Dick's, Macy's Join Mounting Retail Seasonal Hiring Trend; Staffing Shortages Loom

Macy's stock has been hit hard lately. Shares are now trading at a very cheap valuation. Bloomingdale's and Bluemercury have performed well. The nameplates' growth has partially offset a decline in sales from Macy's stores.

Macy's: Is It Time To Buy The Dip On This Industry Leader?

Shares of Macy's Inc. M, -0.44% fell 1.0% in premarket trading Monday, after the department store chain announced plans to hire more than 41,000 seasonal employees before the holidays, down 46% from the previous year's hiring plans. The full- and part-time seasonal hires will be for Macy's namesake stores, as well as for stores under the Bloomingdale's and Bluemercury banners, and for the company's supply chain locations and call centers.

Macy's plans to hire 46% less seasonal employees than last year

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. today announced plans to hire colleagues for more than 41,000 full- and part-time seasonal positions for the upcoming holiday season at its Macy's, Bloomingdale's and Bluemercury stores, supply chain locations and call centers. The number of seasonal opportunities is relatively consistent with the number of open positions in prior years. The digitally led, omnichannel retailer offers a convenient hiring experience with applications taking as little as fiv

Macy's, Inc. to Hire Colleagues for More Than 41,000 Seasonal Positions

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

Macy's (M) Down 11.3% Since Last Earnings Report: Can It Rebound?

It is hard to imagine that any retailer, other than those already ruined (such as Bed Bath & Beyond and Gap), could still have a share price down more than 40% this year.

Macy's: America's Worst Big Retailer

Long established retail store and New York icon Macy's sells apparel, accessories, cosmetics, home furnishings and other consumer goods. Does the long track record as a major U.S.

Macy's Parade Faces Hurdles On Inventory; Is Macy's Stock A Buy?

On its 150th anniversary, the leading retailer launches b the change, a new platform that will define its next era of social purpose, and introduces the Bloomingdale's x FIT Sustainable Innovation Fund – NEW YORK , Sept. 20, 2022 /PRNewswire/ -- Bloomingdale's announced today the launch of b the change, a new social purpose initiative that will define the future of the company's social impact efforts as it celebrates its 150-year legacy this fall.

BLOOMINGDALE'S UNVEILS ITS NEW SOCIAL PURPOSE INITIATIVE AND PHILANTHROPIC PARTNERSHIP WITH THE FASHION INSTITUTE OF TECHNOLOGY

NEW YORK--(BUSINESS WIRE)--This October, the international beauty brand, Kylie Cosmetics, will launch at Macy's with Kylie's revamped clean, cruelty-free, and vegan formulas. Macy's will feature a special limited-edition Holiday Collection inclusive of a cheerful array of cosmetic products, decorative gift sets, and festive ornaments that will be available both online and in select stores on October 1st. An additional selection of core products from the Kylie Cosmetics collection will be availa

Kylie Cosmetics Launches at Macy's, Featuring Limited-Edition Holiday Collection and Iconic Core Products

NEW YORK--(BUSINESS WIRE)--Through its social purpose platform, Mission Every One, Macy's, Inc. is committed to creating a brighter future for all and creating a more equitable and sustainable future. Today, Macy's, Inc. is providing an update detailing its achievements towards its long-term Sustainability goals – including initiatives that promote circularity throughout its value chain. “As a leading, omnichannel retailer, we understand the role we play in creating a more equitable and sustain

Macy's, Inc. Announces Sustainable Initiatives to Drive a More Circular Future

AT&T

AT&T and Macy's have long been a staple of American businesses. With both stocks trading near 52-week lows, investors may explore the option of buying them at a discount.

Does AT&T and Macy's offer Value to Investors at Current Levels

NEW YORK--(BUSINESS WIRE)--This fall, Macy's honors the richness, strength, contributions, and culture of Hispanic/Latino Americans during Hispanic Heritage Month. In support of the company's social purpose platform, Mission Every One, with the goal to build a brighter future with bold representation for all, on Thursday, September 15, Macy's will launch a special round-up and donation campaign in-store and online at macys.com to benefit Hispanic Federation. Additionally, Macy's will spotlight

Macy's Honors Hispanic Heritage Month

Evolution Petroleum

-- Strong Cash Flow Generation Supports Increased Quarterly Cash Dividend and Share Repurchase Program -- HOUSTON, TX / ACCESSWIRE / September 13, 2022 / Evolution Petroleum (NYSE American:EPM) ("Evolution" or the "Company") today announced financial and operating results for its fiscal 2022 fourth quarter (the "current quarter") and full year ended June 30, 2022. Evolution also declared an increased quarterly cash dividend of $0.12 per common share for the fiscal 2023 first quarter, announced a $25 million share repurchase program, and provided its expected capital spending outlook for the fiscal year ending June 30, 2023.

Evolution Petroleum Reports Fourth Quarter and Full Year Fiscal 2022 Results, Declares Increased Quarterly Cash Dividend for First Quarter Fiscal 2023, and Announces $25 Million Share Repurchase Program

The Makeup Date will bring a New York-inspired beauty festival to customers across the country on September 17 th NEW YORK , Sept. 13, 2022 /PRNewswire/ -- Bloomingdale's continues its celebratory programming in honor of its 150th anniversary with a nationwide beauty festival this September.

BLOOMINGDALE'S TO HOST BEAUTY FESTIVAL AS PART OF ITS 150th ANNIVERSARY CELEBRATION

Nordstrom

A spate of reports say shoppers are likely feeling thrifty heading into the holidays as they face higher prices for groceries and other necessities.

Holiday shopping season expected to be muted as inflation squeezes shoppers

Macy's, Inc. (NYSE:M ) Goldman Sachs 29th Annual Global Retailing Conference September 8, 2022 8:05 AM ET Company Participants Adrian Mitchell - Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Brooke Roach Good morning, everyone. My name is Brooke Roach, and I cover the apparel accessories and the brand sector here at Goldman Sachs Research.

Macy's, Inc. (M) Presents at Goldman Sachs 29th Annual Global Retailing Conference (Transcript)

NEW YORK--(BUSINESS WIRE)--Building a brighter future for all is at the heart of Macy's social purpose platform, Mission Every One. One of the barriers to this mission is the nation's youth mental health crisis. Today, as part of an effort to tackle this growing issue Macy's extended its commitment to longtime partner The Trevor Project, the world's largest suicide prevention and mental health organization for LGBTQ young people. The renewed four-year pact will continue the collaborative work t

News for Macy's Stock (M)