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.

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Earnings season is slowly winding down to a halt, with a vast majority of companies already delivering their Q2 results.

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Without blowing the doors off the market, we're nicely above August 8th lows currently.

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Macy's, Inc. shares have been on a downward trend due to a failed M&A transaction and consumer concerns, but have recovered recently given a strong retail sales report. I expect Macy's to beat earnings estimates for the quarter, with my focus on sales growth from remaining stores and stable margins, as well as inventory disciplined. Macy's management is confident in the turnaround, a confidence I share, and with the potential for a material buyback in the future, I view Macy's stock as a buy.

Macy's: Margins And Go-Forward Sales Growth Critical To Q2 Results

Evaluate the expected performance of Macy's (M) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Gear Up for Macy's (M) Q2 Earnings: Wall Street Estimates for Key Metrics

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.

Macy's (M) Earnings Expected to Grow: Should You Buy?

Macy's (M) continues to grapple with significant challenges in the retail sector, marked by evolving consumer behavior and economic headwinds that add to operational complexities.

Should Macy's (M) Stock be in Your Portfolio Before Q2 Earnings?

Macy's recent announcement to close nearly 150 stores by early 2027 marks a pivotal moment for the US retail sector, reflecting the ongoing challenges faced by traditional brick-and-mortar stores in an increasingly digital world.  These closures represent about 25% of Macy's total gross square footage but contribute less than 10% of its overall sales.

How Macy's 150 store closures by 2027 will redefine the American shopping mall experience

Macy's will set off a wave of change at malls, as it closes about 150 namesake stores across the country by early 2027. The department store operator has long been a mall anchor, with stores that range between 200,000 and 225,000 square feet.

Apartments, hockey rinks and Amazon warehouses: Macy's closures will set off a wave of change at shopping malls

Earlier this year, Macy's launched a restructuring initiative called “A Bold New Chapter,” aimed at reinvigorating the company and driving growth. The strategy focuses on strengthening the core Macy's brand through store enhancements, expanded product offerings and cost reductions.

Macy's VP: Restructuring Aims to Elevate Customer Experience and Drive Growth

Some market indicators really don't need much explanation to understand their logical deductions. One example is the dreaded death cross, a pattern that department store icon Macy's (NYSE: M ) is about to print.

Trade of the Day: Go Contrarian on Macy's (M) Stock Death Cross

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Report Second Quarter 2024 Results on August 21, 2024.

Macy's, Inc. to Report Second Quarter 2024 Results on August 21, 2024

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As the stock market grapples with volatility, four major stocks—Visa Inc V, Macy's Inc M, Yum! Brands Inc YUM, and Target Corp TGT are signaling a concerning technical pattern known as the Death Cross.

Caution Ahead: Visa, Macy's, Yum Brands, Target Stocks Near A Death Cross

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the second quarter (‘Q2') of 2024. 2024 SECOND QUARTER | FINANCIAL HIGHLIGHTS Income Statement (US$M) Q2 2024 Q2 2023 $ CHANGE % CHANGE Lease revenue 660 613 47 +8% Operating cashflow 448 371 77 +21% EBITDA 611 578 33 +6% Net income 105 76 29 +38% Balance Sheet (US$M) Q2 2024 FY 2023 $ Change % Change Total available liquidity 8,170 7,228 942 +13% Total assets 31,300 30,513 787 +3% Secured debt / T.

Avolon's Second Quarter Net Income up 38%

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?

VANCOUVER, BC / ACCESSWIRE / July 24, 2024 / GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce the following update: The Company continues to be highly encouraged by its primary core project known as the Mexican Hat gold deposit located in SE Arizona. The Company's Preliminary Economic Assessment "PEA" reports 36.7 million tonnes grading 0.58 gpt gold in a 688,000 ounce Inferred Mineral Resource.

GMV Minerals Inc. Reaffirms Commitment to Mexican Hat Gold Project - Drill Permit Received for Nevada Project

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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.

Get Your Money Out of These 3 Retail Stocks by October

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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.

News for Macy's Stock (M)