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.

LOS ANGELES, CA / ACCESSWIRE / November 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Macy's, Inc. Is Being Investigated For Committing Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm

NEW YORK CITY, NY / ACCESSWIRE / November 29, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M). Investors who purchased Macy's securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/M.

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Macy's, Inc. (M) and Encourages Stockholders to Learn More About the Investigation

LOS ANGELES, CA / ACCESSWIRE / November 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Invites Shareholder Participation In An Inquiry Into Macy's Inc's Securities Law Violations

NEW YORK CITY, NY / ACCESSWIRE / November 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M). Investors who purchased Macy's securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/M.

Bronstein, Gewirtz & Grossman, LLC Encourages Macy's, Inc. (M) Investors to Inquire about Securities Investigation

Macy's finds itself navigating unexpected turbulence. The retail giant announced a delay in its third-quarter earnings report, postponing the release from November 26 to December 11.

How Macy's worker hid up to $154 million in fake expenses

NEW YORK, NY / ACCESSWIRE / November 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Macy's, Inc. ("Macy's, Inc.") (NYSE:M) concerning possible violations of federal securities laws. Macy's issued a press release on November 25, 2024, announcing its preliminary third-quarter 2024 results.

Macy's, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - M

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Macy's, Inc. (“Macy's” or the “Company”) (NYSE: M) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Macy's investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can s.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Macy's, Inc. (M) on Behalf of Investors

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NEW YORK CITY, NY / ACCESSWIRE / November 27, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M). Investors who purchased Macy's securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/M.

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Macy's, Inc. (M) And Encourages Investors to Reach Out

Tony Spring, who took over the helm of affairs in early Feb, has had to deal with one ordeal after another. The latest challenge linked to internal accounting irregularities is not overbearing, but it does not reflect well. As a consequence of this, Macy's only chose to provide preliminary Q3 numbers, with a full report expected by December 11th.

Macy's: What Next, After An Incomplete Q3 Report?

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Macy's, Inc. (“Macy's” or the “Company”) (NYSE: M) investors concerning the Company's possible violations of federal securities laws. On November 25, 2024, Macy's disclosed that it would delay the release of its third quarter 2024 financial results and that it had “identified an issue related to delivery expenses in one of its accrual accounts.” Specifically, the Company disclosed an employee.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Macy's, Inc. (M) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Macy's, Inc. (“Macy's” or the “Company”) (NYSE: M) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On November 25, 2024, Macy's disclosed that it would delay the release of its third quarter 2024 financial results and that it had “identified an issue related to delivery expenses in on.

The Law Offices of Frank R. Cruz Announces Investigation of Macy's, Inc. (M) on Behalf of Investors

NEW YORK, NY / ACCESSWIRE / November 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Macy's, Inc. ("Macy's, Inc.") (NYSE:M) concerning possible violations of federal securities laws. Macy's issued a press release on November 25, 2024, announcing its preliminary third-quarter 2024 results.

Macy's, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - M

LOS ANGELES, CA / ACCESSWIRE / November 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Invites Shareholder Participation In An Inquiry Into Macy's Inc For Securities Law Violations

LOS ANGELES , Nov. 26, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE: M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

M Investors Have Opportunity to Join Macy's, Inc. Securities Fraud Investigation with the Schall Law Firm

NEW YORK CITY, NY / ACCESSWIRE / November 26, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M). Investors who purchased Macy's securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/M.

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Macy's, Inc. (M) And Encourages Stockholders to Reach Out

Macy's is delaying its Q3 earnings due to hidden expenses. The company now expects to publish full results by Dec. 11.

Macy's Reports Preliminary Q3 Results, Postpones Earnings Release

Macy's is grappling with the fallout from an internal investigation into an employee who allegedly concealed $132 million to $154 million in expenses over several years. The individual, tasked with managing small-package delivery expense accounting, made fraudulent accounting entries that masked the discrepancies, the retail chain said in a press release Monday.

What's happening with Macy's? Stock down, earnings and sales data delayed, employee accused of fraudulent accounting

Macy's said it discovered an employee intentionally made accounting errors totaling $132 to $154 million. Auditing experts told BI the available evidence suggests a failure of internal accounting controls.

Macy's $132 million mystery has auditing experts scratching their heads

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Macy's, Inc. (NYSE: M) resulting from allegations that Macy's may have issued materially misleading business information to the investing public. So What: If you purchased Macy's securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law.

Rosen Law Firm Encourages Macy's, Inc. Investors to Inquire About Securities Class Action Investigation – M

A Macy's employee intentionally hid up to $154 million in delivery expenses over the past three years. Investors have a lot of questions.

5 Things to Know About Macy's $100 Million Accounting Issue

Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as $154 million in shipping expenses.

Macy's says employee 'intentionally' hid up to $154M in expenses

“While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our customers and executing our strategy for a successful holiday season,” said Macy's CEO Tony Spring.

Rogue employee at Macy's intentionally ‘hid' up to $154M in expenses

NEW YORK CITY, NY / ACCESSWIRE / November 25, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M). Investors who purchased Macy's securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/M.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Macy's, Inc. (M) And Encourages Stockholders to Connect

Largest US department store chain delays release of quarterly earnings report to investigate ‘erroneous accounting entries'

News for Macy's Stock (M)