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.

Triple Flag Precious Metals Corp

TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced record revenue of $50.3 million for the first quarter of 2023, translating to record metal sales of 26,599 gold equivalent ounces1 (“GEOs”). All dollar amounts are expressed in US dollars.

Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date

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Well-known investment advisor Ed Yardeni believes that U.S. stocks are poised to rally this year. Speaking to CNBC last week, Yardeni said that the banking mini-crisis will be “very well-contained” by the Federal Reserve and Federal Deposit Insurance Corporation (FDIC).

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Tony Spring, the chairman and CEO of Bloomingdale's, has been named to succeed Mr. Gennette after the retailer engaged in "a rigorous succession planning process that included an internal and external search.

What Jeff Gennette's Retirement Means For Macy's

Heading into the first week of the month, Macy's, Inc (NYSE: M) demonstrated they are no April fool as their pandemic emergence plan has put them in a furtive position. JP Morgan Analyst Matthew Boss raised Macy's stock rating from Neutral to Overweight, bumping his price target from $28 to $29.

Macy's Gets Upgrade From JP Morgan On Renewed Confidence

Macy's (M) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Macy's (M): Can Its 7.5% Jump Turn into More Strength?

JPMorgan Securities upgraded Macy's Inc (NYSE:M) to "overweight" from "neutral" this morning, while also hiking its price target by $1 to $29.

Analyst: Macy's Stock Boasts Solid Setup

Macy's, Inc. (NYSE:M ) J.P. Morgan 9th Annual Retail Round-Up Conference March 30, 2023 8:00 AM ET Company Participants Jeff Gennette - Chief Executive Officer Adrian Mitchell - Chief Financial Officer Conference Call Participants Matt Boss - J.P.

Macy's, Inc. (M) Presents at J.P. Morgan 9th Annual Retail Round-Up Conference (Transcript)

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Macy's CEO Jeff Gennette will leave the company in February. But hopes for company growth, younger consumers, and the importance of DEI remain.

Macy's CEO to step down. Here's what the future of the brand looks like and the strategy to engage younger consumers

Macy's Chairman and CEO Jeff Gennette will retire in February 2024.

Macy's CEO Jeff Gennette to Retire in February 2024

Macy's (NYSE: M ) stock is a hot topic among traders on Wednesday as the company reveals succession plans for its new CEO. This succession plan comes as current Macy's CEO Jeff Gennette plans to retire from the company in February 2024.

M Stock Alert: What to Know as Macy's Announces CEO Succession Plan

The position of president has been vacant since 2019 when Hal Lawson became president and CEO of Tractor Supply Co.

Macy's Gennette Sets Retirement Date, Tony Spring Is His Successor

One of the highest profile jobs in retail will change hands next year.

Macy's will have a new CEO. He's from Bloomingdale's

Jeff Gennette joined Macy's in 1983 as an executive trainee and worked his way up the ranks, becoming CEO in 2017.

Macy's CEO Jeff Gennette to retire next year after 40 years at the company

Shares of the department store stock have tumbled about 16% in 2023.

Macy's Stock Falls as CEO Gennette Plans to Retire

Shares of Macy's Inc. M fell 2.1% toward a six-month low in premarket trading Wednesday, after the department store chain said Chief Executive Jeff Gennette plans to retire at the end of the fiscal year, after nearly seven years in the role and 40 years with the company. The company named Tony Spring, currently executive vice president and CEO of the company's Bloomingdale's business, as CEO-elect, effectively immediately.

Macy's CEO Gennette to retire after nearly 7 years in the role, and stock falls

Macy's said Bloomingdale's CEO Tony Spring will succeed Jeff Gennette in February.

Macy's CEO Jeff Gennette, who's led the company's turnaround effort, will retire next year

Macy's, Inc. (NYSE:M) today announced that Chairman and Chief Executive Officer of Macy's, Inc. Jeff Gennette (61) plans to retire in February 2024 after serving the company for 40 years. Following a rigorous succession planning process that included an internal and external search, Tony Spring (58), Macy's, Inc. executive vice president and Bloomingdale's chairman and chief executive officer, has been appointed by the board of directors as Macy's, Inc. president and CEO-elect, and a member of the board of directors. As President, Tony will be responsible for leading Macy's, Inc.'s Digital, Customer, Merchandising, and Brand teams, while overseeing Bloomingdale's and bluemercury.

Macy's, Inc. Announces Leadership Succession Plan

The transition comes at a time of upheaval for retailers as high inflation pinches consumers and pushes up manufacturing costs.

Macy's CEO to Retire, Give Reins to Bloomingdale's Boss

CALGARY, AB / ACCESSWIRE / March 29, 2023 / Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU)(AIM:SOUC)(OTCQX:SOUTF) is pleased to announce its: 2022 Year End Reserves Upgrade: Highlights of the Company's year end independent oil and gas reserves evaluation as at December 31, 2022 (the "NSAI Report") include: an increase in proved developed producing ("PDP") reserves of 25% to 6.2 MMboe an increase in total proved ("1P") reserves of 44% to 14.1 MMboe an increase in total proved plus probable ("2P") reserves by 31% to 25.5 MMboe in 2022 before-tax net present value ("NPV") of 2P reserves, discounted at 10% ("NPV10"), of $142.5 million (an increase of 61% on year end 2021) Gwinville Operational Update: The Company announces the completion of its current drilling campaign of seven horizontal wells Through technical improvements, Southern has reduced the average time from spud to total depth of its Gwinville wells from approximately 21 days to between 9-12 days and averaging 80-100% lateral placement in the high-graded porosity interval Capital Budget Update: In response to the current low natural gas prices, Southern plans to moderate the Gwinville organic growth program from the planned capital budget of US$101.0 million announced in November 2022 to approximately US$55.0 million Under its revised capital plan, Southern will have drilled seven horizontal wells at the Gwinville asset, completed three wells and have four wells remain as drilled but uncompleted ("DUCs") to be brought on in the future once natural gas prices are more supportive Broker Appointments: Stifel Nicolaus Europe Limited and Tennyson Securities have both been appointed as the Company's joint corporate brokers with immediate effect Ian Atkinson, President & Chief Executive Officer of Southern, commented: "Although the drop in natural gas prices has brought us to the decision to moderate our Gwinville capital program, the overall impact of the applied learnings from the 2022 appraisal program have paid off and we are happy with the early results. In the current program we have drilled seven horizontal wells with longer laterals than the original appraisal wells in half the time on a per well basis and proven that the re-interpretation of our 3D seismic has improved our overall ability to stay within the targeted zone.

Southern Energy Corp. Announces 2023 Capital Budget and Gwinville Operational Update, Year End Reserves Update and Joint Broker Appointments

SYNNEX

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal first quarter ended February 28, 2023. Consolidated Financial Highlights for the Fiscal 2023 First Quarter: (Amounts may not add or compute due to rounding)     Q1 FY23   Q1 FY22   Net Change from Q1 FY22 Revenue ($M)   $ 15,125.4     $ 15,470.0     (2.2 )% Non-GAAP gross billings ($M)(1)   $ 20,202.2     $ 20,064.5     0.7 % Operating income ($M)   $ 298.2     $ 222.

TD SYNNEX Reports Fiscal 2023 First Quarter Results

NEW YORK--(BUSINESS WIRE)--This spring, Macy's, Inc. (NYSE: M) celebrates first-year milestones of its commitments tied to Mission Every One, an enterprise-wide social purpose platform focused on creating positive societal change. In 2022, Macy's, Inc. launched Mission Every One by announcing $5 billion of the company's spend through 2025 would be directed towards partners, products, people and programs that help create a more equitable and sustainable future.

Macy's, Inc. Marks One Year Milestones for Mission Every One

Macy's (M) has been strengthening its omnichannel capabilities with investments in data and analytics. It is constantly making moves to offer a seamless customer experience.

Macy's (M) Strategic Endeavors on Track, Up 18% in 6 Months

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced the appointment of Naveen Chopra, executive vice president and chief financial officer of Paramount Global, to its board of directors, effective April 1, 2023.

News for Macy's Stock (M)