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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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

Earnings data Q4 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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Laser Photonics Corp

ORLANDO, FL / ACCESSWIRE / November 14, 2023 / 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 third quarter ended September 30, 2023. Wayne Tupuola, CEO of Laser Photonics, commented: "Our third quarter showed strong sequential and modest year-over-year growth in revenue and gross margin as we added new customers in the military, energy and automotive verticals, in addition to expanding our Service Provider Network (SPN) membership into Hawaii and Nebraska.

Laser Photonics Announces Third Quarter 2023 Results

Beyond analysts' top -and-bottom-line estimates for Macy's (M), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2023.

Exploring Analyst Estimates for Macy's (M) Q3 Earnings, Beyond Revenue and EPS

Burlington Stores

Campbell Soup

DISH Network

Etsy

Harley-Davidson

Paramount Global

Walgreens

Harley-Davidson, Macy's, and Etsy are among the market's biggest losers this year.

'Tis the Season for Tax-Loss Selling. Short These Stocks.

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.

Analysts Estimate Macy's (M) to Report a Decline in Earnings: What to Look Out for

NEW YORK--(BUSINESS WIRE)--Fred Rogers Productions, the children's educational media organization behind the hit series Daniel Tiger's Neighborhood, and 9 Story Brands, its worldwide licensing agent for the popular brand, together with toy partner JAKKS Pacific and retail marketing agency Licensing Street, have secured a new retail program for the much-loved preschool property in Macy's Toys ‘R' Us shops. The assortment includes eight Daniel Tiger's Neighborhood toy skus rolling out to 200+ Mac.

Daniel Tiger's Neighborhood Toys to Arrive at Macy's Toys ‘R' Us in November – Just in Time for Holiday 2023

LONDON, UK / ACCESSWIRE / November 6, 2023 / Trident Royalties Plc ("Trident" or the "Company") (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, is pleased to provide an update on its activities during the quarter ended 30 September 2023. HIGHLIGHTS Quarterly receipts of US$1.94 million from exposure to gold, copper, and iron ore.

Trident Royalties PLC Announces Q3 2023 Activities Update

If there is one legacy retailing stock and company that almost everybody recognizes it is the venerable Macy's Inc.

7 Reasons To Avoid Macy's (M) Stock Today

Bloomie's are small, superbly edited stores with beautiful, well selected brands.

Bloomie's Mini-Store Strategy – Can It Win For Macy's?

As the ultimate holiday gifting destination, Bloomingdale's announces a series of holiday programming including The Carousel @ Bloomingdale's: Wonka, and window unveiling in partnership with Broadway Cares/Equity Fights AIDS NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Bloomingdale's today announced the official start of the holiday season with its annual, Best Holiday Ever. The seasons' campaign kicks off with the debut of The Carousel @ Bloomingdale's: Wonka, followed by the annual window unveiling hosted this year in partnership with Broadway Cares/Equity Fights AIDS.

BLOOMINGDALE'S KICKS OFF "THE BEST HOLIDAY EVER" CAMPAIGN

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the third quarter (Q3) of 2023. 2023 THIRD QUARTER | FINANCIAL HIGHLIGHTS Income Statement Three Months Ended September 30   Nine Months Ended September 30 (US$M) 2023 2022 $ Change % Change   2023 2022 $ Change % Change Lease revenue 588 546 42 +8%   1,799 1,743 56 +3% Operating cashflow 626 278 348 +125%   1,307 903 404 +45% Net income 97 141 (44) (31%)   229 (33) 262 N/A Adjusted net income* 103.

Avolon 2023 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--This holiday season, Macy's highlights its dedication to youth empowerment through its partnership with Big Brothers Big Sisters (BBBS). As part of the brand's social purpose platform, Mission Every One, from November 1 through December 24, Macy's will launch a special in-store round up (up to $.99) and online donation campaign to benefit BBBS' mission of serving young people through the power of mentorship to help create paths for future success. In its inaugural yea.

Macy's Celebrates the Holiday Season With Big Brothers Big Sisters

Exclusive Styles Available at 59th Street for a Limited Time NEW YORK , Oct. 27, 2023 /PRNewswire/ -- Fine jewelry brand LAGOS announces its expansion in the New York market with the launch of the brand's new boutique at Bloomingdale's 59th Street. The luxury retailer more than doubled its offering of the brand's signature Caviar collections, providing shoppers with even more ways to express their personal style.

LAGOS Expands New York Presence with Bloomingdale's Boutique

Zedge

NEW YORK, NY / ACCESSWIRE / October 26, 2023 / Zedge, Inc. (NYSE AMERICAN:ZDGE), a leader in building digital marketplaces and friendly competitive games around content that people use to express themselves, today announced results for its fourth quarter and full-year fiscal 2023, ended July 31,2023. "Fiscal 2023 was a transition year for Zedge, and despite the geopolitical, macro-economic, and industry-specific challenges we faced, we finished the year in a much stronger position with respect to product, operations and talent," said Jonathan Reich, chief executive officer.

Zedge Announces Fourth Quarter and Full-Year Fiscal 2023 Results

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Report Third Quarter 2023 Results on November 16, 2023.

Macy's, Inc. to Report Third Quarter 2023 Results on November 16, 2023

Macy's (M) benefits from strength in its businesses, strong omnichannel capabilities and small-format store initiatives. However, it is grappling with softness in the credit card segment and high operating costs.

Macy's (M) Gains From Business Strength Despite Headwinds

Costco

Dollar General

Kohl's

Target

Walmart

The death of the American consumer has been talked about for the past year. Just when it seems time for the post-mortem, numbers drop like they did this week and make the so-called experts shake their heads in disbelief.

Retail Sales Exploded in September: Costco, Target and Walmart Will Own the Holidays

Macy's (M) unveils an innovative online fashion platform, mstylelab, to offer its customers a virtual platform for style inspiration and fashion immersion experiences.

Macy's (M) Unveils New Online Fashion Platform Mstylelab

NEW YORK--(BUSINESS WIRE)--This holiday season, Macy's customers can shop “Gifts We Love,” a curated list featuring beauty, home, toys, accessories and unique gifts for everyone on your holiday list. From fragrance sets to fine jewelry and toys, Macy's offers a wide range of gifts from off-price to luxury that the entire family will love. “Gifts We Love” is now available to shop on macys.com, Macy's mobile app and at select Macy's stores nationwide. “Macy's is the ultimate gifting destination.

Macy's Unveils the “Gifts We Love” List for the Holiday Season

Brands are realizing the significance of crafting captivating digital experiences to engage their customers. The need is self-evident, requiring little persuasion for brands to invest.

Macy's and Claire's Invest in Turning Virtual Experiences Into Real-World Gains

NEW YORK--(BUSINESS WIRE)--Today, Macy's launches mstylelab, a new engagement platform that journeys into the future of fashion merging the physical and digital realms to create cutting-edge experiences. mstylelab aims to redefine fashion as a canvas for innovation, blending technology and immersive environments to empower discovery, self-expression, and connectivity. Accessible on any device, using any browser, at macys.com/mstylelab, the public is invited to join the community, create their u.

Macy's Launches New Digital Fashion Platform – mstylelab

Macy's is blending the physical and digital realms with a fashion platform called Mstylelab.

Macy's goes for the fashion metaverse with Mstylelab

Macy's is undervalued and trading as if the company is going out of business. The department store retailer has made significant changes to its business model, but weak sales and recession fears are impacting its stock price. Macy's owns a valuable real estate portfolio, but the market is not giving the stock much benefit for these assets.

Macy's: Still Being Dumped On

Department stores like Macy's once symbolized shopping luxury. However, the rise of online shopping and DTC models has challenged their dominance, prompting strategic shifts. Macy's "On 34th" initiative counters the DTC trend but faces challenges from established brands. Macy's valuable real estate assets offer potential shareholder returns, contrasting with Sears' liquidation strategy.

Macy's: Navigating Modern Retail Challenges With Legacy Strengths

Macy's Jeff Gennette and Tony Spring discussed the future of Macy's on CNBC

Macy's Jeff Gennette And Tony Spring Meet Jim Cramer

Macy's (M) reachead $11.48 at the closing of the latest trading day, reflecting a +0.53% change compared to its last close.

News for Macy's Stock (M)