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.

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today reported financial results for the fourth quarter and fiscal 2022 and provided fiscal 2023 guidance.

Macy's, Inc. Reports Fourth Quarter and Full-Year 2022 Results

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Macy's (M) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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Macy's and American Eagle Outfitters are slated to unveil their quarterly results within the next week. Macy's will report on March 2nd, whereas American Eagle Outfitters will report on March 1st.

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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.

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In honor of Women's History Month, the iconic retailer partners with Tika Sumpter to curate the latest pop-up shop with an exciting assortment of items from 50 female-founded and owned brands. NEW YORK , Feb. 15, 2023 /PRNewswire/ -- Bloomingdale's announced today The Carousel @ Bloomingdale's: Female Founders Curated by Tika Sumpter – a celebration of female entrepreneurs in honor of Women's History Month.

BLOOMINGDALE'S ANNOUNCES THE CAROUSEL @ BLOOMINGDALE'S: FEMALE FOUNDERS CURATED BY TIKA SUMPTER

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. will report its fourth quarter and full-year 2022 sales and earnings results on Thursday, March 2, 2023. The company will host a call and webcast with financial analysts and investors that day at 8:00 a.m. ET. The general public and the media will be able to access the live webcast via the company's website at www.macysinc.com, where the associated presentation will also be available.

Macy's, Inc. to Report Fourth Quarter and Full-Year 2022 Results on March 2, 2023

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Macy's return on equity, along with its profit margin and asset turnover, has recovered after the sharp falling during the pandemic. As the macroeconomic environment appears to be improving, we expect the ROE to also be positively impacted.

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NEW YORK--( BUSINESS WIRE )--Today, Macy's launches PATTERN Beauty with the brand's extensive assortment of washes, treatments, styling tools and more. As the brand's first-ever department store partner, PATTERN expands Macy's portfolio of haircare products, specifically in the curl category. PATTERN Beauty's haircare products and tools with prices ranging from $9 to $25, including the Detangling Nectar, Curl Mousse, Edge Tool and more are available to shop on macys.com, Macy's mobile app and at select Macy's stores nationwide.

PATTERN Beauty Launches at Macy's, Expanding the Retailer's Growing Haircare Portfolio

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Macy's Inc (NYSE: M) is trading up this morning after a Goldman Sachs analyst said it was one of the best-positioned names in the retail space.

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Goldman Sachs weighed in on three retail giants today, issuing analyst notes to Macy's Inc (NYSE:M), Kohl's Corporation (NYSE:KSS), and Nordstrom Inc (NYSE:JWN).

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NEW YORK--( BUSINESS WIRE )--Macy's announces the launch of Shash Diné Hotel Collection®, a limited-edition array of home pieces created for Macy's and curated by Baya Meehan, founder and CEO of Shash Diné EcoRetreat, a “glamping” hotel in Arizona. The Shash Diné for Hotel Collection features quilts, comforters, blankets, kimonos, robes, towels and throws. These Navajo-inspired radiant products allow customers to own their style and bring a piece of the Southwest into their homes. Prices range from $70.00-$500.00, and is now available on macys.com, Macy's mobile app and at select Macy's nationwide.

Macy's and Shash Diné Launch Limited Edition Home Designs for the Hotel Collection®

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Amid store closures and a tough holiday season, Macy's CEO Jeff Gennette talks new opportunities, a shift in strategy, and the importance of DEI.

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During an interview during NRF 2023: Retail's Big Show, Macy's CEO Jeff Gennette said gift giving periods 'were quite strong' but that there was a decrease in self purchases.

Macy's CEO is 'cautious' about consumer spending after seeing dip in self purchases

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