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.

Every day this week, we're going to highlight one of Schaeffer's top seven picks for 2023.

Top Stock Picks for 2023: Macy's

Macy's lowered its guidance and investors should take note, if this develops into a trend across the retail sector it could bring down the entire S&P 500 index

What Macy's Guidance Means For Retail

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The inaugural fundraising and awareness campaign of the new multi-year partnership connects the power of mentorship to more youth across the nation TAMPA, Fla. , Jan. 10, 2023 /PRNewswire/ -- In celebration of National Mentoring Month, Big Brothers Big Sisters of America (BBBSA), the nation's preeminent one-to-one youth mentoring organization, is thrilled to announce fundraising results from Macy's holiday campaign.

Macy's Holiday Fundraising Campaign Raises $4.8 Million to Support Big Brothers Big Sisters of America

Macy's (M) anticipates sales to be at the lower-end to mid-point of its earlier guided range. It is constantly making moves to offer a seamless customer experience.

Macy's (M) Updates Q4 View, Strategic Endeavors on Track

The long established retail store and New York favorite sells apparel, accessories, cosmetics, home furnishings and other consumer goods. The post Macy's Eyes Lower Holiday Sales Due To Inflation Pressure.

Macy's Eyes Lower Holiday Sales Due To Inflation Pressure. Is Macy's Stock A Buy?

Macy's updated FQ4 numbers with the target shifted to the low-end to mid-point of the prior range. The department store retailer is still guiding to a $4+ EPS in a very tough year.

Macy's: Surviving The Dreary Winter

Macy's, Inc. (NYSE:M ) ICR's 25th Anniversary Conference 2023 January 9, 2023 9:00 AM ET Company Participants Jeff Gennette - Chairman and Chief Executive Officer Adrian Mitchell - Chief Financial Officer Nata Dvir - Chief Merchandising Officer Conference Call Participants Oliver Chen - Cowen and Company Oliver Chen Hi, everybody. We're thrilled to have Macy's here.

Macy's, Inc. (M) Presents at ICR's 25th Anniversary Conference 2023 (Transcript)

Lululemon Athletica

Investors wanted retailers to have really strong results.

A Bad Holiday Season Is Punishing These 2 Stocks

Macy's Inc M shares are trading lower Monday after the company provided a fourth-quarter update ahead of its presentation at the 2023 ICR Conference.

Why Macy's Stock Is Moving Lower Monday - Macy's (NYSE:M)

Lululemon Athletica and Macy's stock took hard hits early Monday, after Q4 warnings placed retail stocks under pressure. The post Lululemon, Macy's Warnings Put Retail Stocks Under Pressure appeared first on Investor's Business Daily.

Lululemon, Macy's Warnings Put Retail Stocks Under Pressure

Macy's rocky holiday season signals consumers are hesitant to use plastic — particularly private-label cards. Friday after the stock markets closed, the retailing giant issued a press release that noted that fourth quarter sales, which includes the all-important holiday shopping season, will come at the lower end of its forecast.

Macy's Holiday Warning Portends Pressure on Private-Label Card Spending

Macy's Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy's hints at consumer weakness The department store chain had guided for $1.47 to $1.67 of per-share earnings (adjusted) for its holiday quarter on $8.16 billion to $8.40 billion in revenue.

Macy's lowers its revenue guidance for the holiday quarter

Macy's CEO Warns of Continued Consumer Spending Pressure in 2023.

Macy's Sales Take a Lull: Is the Grinch to Blame?

Macy's Inc said on Friday it expects fourth-quarter sales to come in at the lower end of its forecast, blaming a deeper-than-expected lull in shopping between the season's major holidays.

Macy's tempers holiday sales view, warns of more inflation pain ahead

Shoppers spent less on electronics and jewelry, but more on food.

Macy's Reports Uneven Holiday Season as Inflation Continued to Pressure Consumers

Shares of department-store chain Macy's Inc. slid 8% in after-hours trading on Friday after the retailer gave a more downbeat forecast on its fourth-quarter sales, with management citing big “lulls” in the holiday-shopping season and saying customers would likely feel the squeeze from inflation into next year.

Macy's stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023

Macy's on Friday cut its holiday-quarter sales forecast, saying consumers' budgets are under pressure and that it expects the squeeze to continue into this year.

Macy's cuts holiday-quarter forecast citing squeeze on shoppers' wallets

NEW YORK--( BUSINESS WIRE )--Macy's, Inc. (NYSE: M) today announced updates to its fiscal fourth quarter sales and adjusted EPS guidance provided on its November 17, 2022 earnings call. Net sales are now expected to be at the low-end to mid-point of the previously issued range of $8,161 to $8,401 million while adjusted diluted earnings per share are expected to be in the previously issued range of $1.47 to $1.67. On a percentage basis, total end-of-quarter inventories are on track to be slightly below last year and down mid-teens relative to 2019.

Macy's, Inc. Provides Fourth Quarter 2022 Update Ahead of the ICR Conference

Department Stores are in green, performing well in the Consumer Cyclical sector, which rebounds as a whole. Macy's technical setup shows a deceptive type of indecisiveness.

Macy's: Shopping For A Gift For Your Own Portfolio (Technical Analysis)

Macy's will be closing four locations in four states, a Macy's spokesperson confirmed to FOX Business on Thursday. The news was first reported by Axios.

Macy's shuttering four locations

Macy's (M) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Here is What to Know Beyond Why Macy's, Inc. (M) is a Trending Stock

Retailer will open its third "Bloomie's" location in University Village NEW YORK , Jan. 4, 2023 /PRNewswire/ -- Bloomingdale's today announced its entry into Seattle with the opening of "Bloomie's." Following the successful introduction of Bloomie's in the greater Chicagoland area earlier this year, and Fairfax, Virginia, in 2021, the retailer's smaller format store is set to open on the west coast in 2023.

Bloomingdale's Enters the Seattle Market with New Bloomie's Concept

NEW YORK--( BUSINESS WIRE )--Macy's, Inc. (NYSE: M) today announced that Jeff Gennette, chairman and chief executive officer, Adrian Mitchell, chief financial officer, and Nata Dvir, Macy's chief merchandising officer, will be participating in the 2023 ICR Conference in Orlando, FL. The company is scheduled to present at 9:00 a.m. ET on Monday, January 9, 2023.

Macy's, Inc. to Participate in the 2023 ICR Conference

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David Tepper is a prominent investor and hedge fund manager, who co-founded Appaloosa Management in 1993.

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