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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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.

Macy's (M) closed at $17.28 in the latest trading session, marking a -0.12% move from the prior day.

Macy's (M) Stock Sinks As Market Gains: Here's Why

Macy's (M) shows promising upside potential despite its recent stock decline, thanks to strategic initiatives that signal strong potential for recovery and long-term growth, making it a stock worth monitoring for investors.

Macy's (M) Down 14% in a Month: Is Now the Moment to Invest?

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It's plain to see that there's plenty of optimism for Q4 2024 among retail investors and their institutional counterparts alike. The prospect of US Federal Reserve interest rate cuts has spurred more optimism throughout Wall Street, with recent forecasts suggesting that rates may fall as low as 4.75% by the end of 2024.

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Are Investors Undervaluing Macy's (M) Right Now?

Macy's (M) strong financial health, reduced debt, solid cash flow, attractive valuation metrics and positive earnings outlook position it as a compelling investment option in the retail sector.

Macy's (M) Slides 8% in a Month: What's Next for Investors?

PERTH, AUSTRALIA / ACCESSWIRE / July 18, 2024 / Centamin plc ("Centamin" or "the Company") (LSE:CEY)(TSX:CEE POSITIVE DEFINITIVE FEASIBILITY STUDY AT THE DOROPO GOLD PROJECT Preparation for mining license application underway Centamin is pleased to provide the outcome of the definitive feasibility study ("DFS") at its Doropo Gold Project ("Doropo") in north-eastern Côte d'Ivoire, including detailed project parameters and economics and an updated Mineral Reserves estimate. MARTIN HORGAN, CEO,commented: "The results of the DFS demonstrate a robust project that meets Centamin's investment criteria.

Centamin PLC Announces Positive Doropo Gold Project DFS

Macy's (M) reintroduces Epic Threads, offering vibrant, durable children's clothing in-store, online and through the Macy's app for the back-to-school season.

Macy's (M) Relaunches Epic Threads for Back-to-School Season

In the latest trading session, Macy's (M) closed at $16.81, marking a -0.24% move from the previous day.

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

Shares of Macy's Inc (NYSE:M) are up 0.4% to trade at $16.92 at last check, brushing off a price-target cut to $17 from $22 at ISI Evercore.

Bull Signal Flashing for Struggling Macy's Stock

Macy's (M) stock declines on Jul 15, 2024, after terminating acquisition talks with Arkhouse and Brigade due to financing uncertainties and insufficient value.

Here's Why Macy's (M) Stock Sees a Sharp Drop in the Market

NEW YORK--(BUSINESS WIRE)--Macy's Summer's Greatest Hits celebrates back-to-school and with the relaunch of its beloved kid's clothing line, Epic Threads, a private brand dedicated to celebrating the spirit of childhood, designed with and for kids and their caregivers. The refreshed Epic Threads collection is the perfect choice for those looking to outfit their children in clothing that's as fun as it is functional, whether they are at a playground, at a birthday party or exploring their backya.

Macy's Relaunches Epic Threads, Celebrating Kids' Style – Just in Time for Back-to-School

For Macy's Senior Vice President, Customer Journey, Bennett Fox-Glassman, personalization boils down to two things. “Customers don't come up and ask for personalization,” Fox-Glassman said at The Lead Summit in New York City.

Macy's Refocuses Customer Experience on Personalization and Relevance

Macy's, Inc. terminated discussions with investment firms offering a lowball acquisition price. The investment firms made offers far below the true value of Macy's real estate assets, and the company questions the legitimacy of the deal financing. The stock has dipped due to the broken stock market, with Macy's only trading at 6x EPS targets, while the potential exists for a higher buyout offer.

Macy's: Broken Market

The Macy's board of directors has unanimously decided to end acquisition talks with Arkhouse Management and Brigade Capital Management. The decision follows more than seven months of engagement that included a due diligence process, Macy's said in a Monday (July 15) press release.

Macy's Board Ends Acquisition Talks With Arkhouse, Brigade

Macy's stock is falling after the department store chain halted takeover talks with an investor group that was looking to take it private.

Macy's Stock Plunges After Ending Buyout Talks: What to Know

Retail giant Macy's revealed on Monday it will stop engaging in talks with Arkhouse Management and Brigade Capital Management about a potential acquisition.

Macy's shares slide as retailer ends buyout talks with Arkhouse, Brigade

Macy's has rejected a raised buyout offer that would have taken the company private. Another -- or more generous -- acquisition offer, however, isn't apt to materialize in the near or distant future.

Why Macy's Is Crashing Today

Macy's (NYSE:M) stock is falling on Monday after the retailer called off talks of a deal that would have taken shares of M private. Macy's revealed in a press release today that it is no longer moving forward with negotiations to take the company private.

M Stock Plunges 13% as Macy's Calls Off Take-Private Talks

Two series of bonds have change-of-control language that would require payment at 101 cents on the dollar.

Macy's junk bonds that would pay off in the event of a takeover fall after talks end with private-equity suitors

After months of negotiation, Macy's (M) on Monday said it had ended talks with would-be buyers Arkhouse Management and Brigade Capital Management.

Macy's Stock Plunges After It Ends Arkhouse, Brigade Buyout Talks

Macy's Inc (NYSE: M) ended buyout talks with Arkouse and Brigade on Monday as their proposal “lacks certainty of financing and does not deliver compelling value”.  The announcement arrives after months of negotiations with the activist group that sought to take the storied retailer private for close to $7.0 billion.

Macy's terminates buyout talks with activist group

Macy's board “unanimously determined to terminate discussion with Arkhouse and Brigade that have failed to lead to an actionable proposal with certainty of financing at a compelling value.”

Macy's scraps talks to go private for $6.9B with activist investors Arkhouse and Brigade

The department-store chain ended discussions that have “failed to lead to an actionable proposal with certainty of financing at a compelling value.”

Macy's Stock Is Sinking. Buyout Talks End Without a Deal.

Macy's M -15.61%decrease; red down pointing triangle terminated discussions with Arkhouse Management and Brigade Capital Management, citing a lack of a concrete proposal with guaranteed financing at a compelling value.

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