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 (NYSE: M) had an “encouraging quarter” even though its sales declined another 2.7% on a year-over-year basis, says Bob Drbul – a Guggenheim Securities analyst.

Macy's is ‘off to a good start' despite quarterly sales decline – analyst says

Retail concern Macy's Inc (NYSE:M) stepped into the earnings confessional this morning, where it reported better-then-expected first-quarter earnings and raised its full-year guidance.

Macy's Stock Pops After Beat-and-Raise

Macy's (M) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.56 per share a year ago.

Macy's (M) Surpasses Q1 Earnings and Revenue Estimates

Shares of Macy's Inc. M rallied 2.4% in premarket trading Tuesday, after the department store chain reported fiscal first-quarter results that beat expectations and nudged up its full-year outlook. Net income for the quarter to May 4 declined to $62 million, or 22 cents a share, from $155 million, or 56 cents a share, in the same period a year ago.

Macy's stock climbs after results beat expectations and full-year outlook was raised

Macy's posted a bigger-than-expected drop in first-quarter sales on Tuesday, hobbled by stiff competition from off-price retailers for shoppers increasingly cautious about spending on products such as apparel and footwear.

Macy's posts bigger-than-expected quarterly sales drop on sluggish demand

Macy's beat earnings estimates as the department store operator moves to close about 150 namesake locations and open new Bloomingdale's and Bluemercury stores.

Macy's beats earnings estimates, as turnaround plan shows early progress

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Reports First Quarter 2024 Results.

Macy's, Inc. Reports First Quarter 2024 Results

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Baby Boomers make up a sizeable chunk of the retailers' shoppers and investors aren't convinced that Gen Z and Millennials will age into shopping at the stores.

As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers

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Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Macy's (M), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2024.

Curious about Macy's (M) Q1 Performance? Explore Wall Street Estimates for Key Metrics

VANCOUVER, BC / ACCESSWIRE / May 15, 2024 / Alta Copper Corp. (TSX:ATCU)(OTCQX:ATCUF)(BVL:ATCU) ("Alta Copper" or "the Company") is pleased to announce attractive economics results from the 2024 Optimized Preliminary Economic Assessment ("2024 PEA") at its 100% owned Cañariaco Project ("Cañariaco" or the "Project"), a world class porphyry copper project, located 700 km northwest of Lima. The 2024 PEA has been prepared by Ausenco Engineering Canada ULC ("Ausenco"), AGP Mining Consultants Inc. ("AGP") and Whittle Consulting Pty.

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Macy's (M) possesses 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) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

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Laser Photonics Announces First Quarter 2024 Results

Q1 2024 Activities Update LONDON, UK / ACCESSWIRE / May 7, 2024 / Trident Royalties Plc (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, is pleased to provide an update on its activities during the quarter ended 31 March 2024. HIGHLIGHTS Quarterly receipts of US$2.98 million, a 6% decrease from Q4 2023, driven by seasonally lower deliveries from the gold offtake portfolio, partially offset by exceptionally strong margin-per-ounce resulting from positive movements in gold volatility and price.

Trident Royalties PLC Announces Q1 2024 Activities Update

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) will report its first quarter 2024 sales and earnings results on Tuesday, May 21, 2024. The company will host a call and webcast with financial analysts and investors at 8:00 a.m. EDT. The call will be hosted by Macy's, Inc.'s Chairman and Chief Executive Officer Tony Spring and Chief Operating Officer and Chief Financial Officer Adrian Mitchell. The general public and the media will be able to access the live webcast and associated presentation.

Macy's, Inc. to Report First Quarter 2024 Results on May 21, 2024

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the first quarter (‘Q1') of 2024. 2024 FIRST QUARTER | FINANCIAL HIGHLIGHTS Income Statement (US$M)   Q1 2024   Q1 2023   $ CHANGE   % CHANGE Lease revenue   621   599   22   +4% Operating cashflow   337   310   27   +9% EBITDA   606   580   26   +5% Net income   107   56   51   +91% Balance Sheet (US$M)   Q1 2024   FY 2023   $ Change   % Change Total available liquidity   6,647   7,228   (581)   (.

Avolon Net Income Increases 91% in First Quarter

NEW YORK--(BUSINESS WIRE)--In recognition and celebration of the legacy and impact of the five historically Black-founded fraternities of the National Pan-Hellenic Council (NPHC) known as The Divine Nine®, Macy's has developed an exclusive and versatile product collection. Inspired by the signature colors of Alpha Phi Alpha Fraternity, Inc., Kappa Alpha Psi Fraternity, Inc., Omega Psi Phi Fraternity, Inc., Phi Beta Sigma Fraternity, Inc. and Iota Phi Theta Fraternity, Inc., this new assortment.

Macy's Honors Historically Black-Founded Fraternities of The Divine Nine® With Exclusive New Collection

CALGARY, AB / ACCESSWIRE / April 26, 2024 / Southern Energy Corp. (" Southern " or the " Company ") (TSXV:SOU)(AIM:SOUC)(OTCQX:SOUTF), an established producer with natural gas and light oil assets in Mississippi, announces its fourth quarter and year end December 31, 2023 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with the Company's audited consolidated financial statements and related management's discussion and analysis (the " MD&A ") for the three and twelve months ended December 31, 2023, as well as the Company's annual information form for the year ended December 31, 2023, (the " AIF "), all of which are available on the Company's website at www.southernenergycorp.com and have been filed under the Company's profile on SEDAR+ at www.sedarplus.ca.

Southern Energy Corp. Announces Fourth Quarter and Year End 2023 Financial and Operating Results

Macy's has a buyout bid of $24 per share, up from the original offer of $21. The real estate value of Macy's is estimated to be worth double the current stock price. Macy's plans to focus on luxury stores and close underperforming locations while expanding the Bluemercury beauty brand.

Macy's: Still Looking For A Bigger Bid

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Macy's (M) is enhancing operations for sustainable growth while expanding its omnichannel presence and customer experience through strategic partnerships and technological upgrades.

Here's Why Macy's (M) Outpaced Its Industry in the Past 6 Months

CEO Tony Spring is on the clock to execute a turnaround vision with potential buyers pressing ahead with a bid to take Macy's private.

Macy's proxy fight is over, but the battle for the department store's future wages on

Macy's (M) on Wednesday ended a proxy fight by agreeing to calls for a board shakeup by activist investor Arkhouse Management.

Macy's Appoints Activist Investor Board Picks, Ending Proxy Fight

Macy's appointed today two new independent directors Richard (Ric) Clark and Richard (Rick) Markee. It is not clear who nominated the directors.

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