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. Board of Directors Declares Quarterly Dividend.

Macy's, Inc. Board of Directors Declares Quarterly Dividend

Macy's is closing 150 stores by the end of 2026 and rolling out new initiatives in its remaining stores. The First 50 locations to see these new initiatives have outperformed Macy's other stores. Macy's expects $600 million to $750 million in asset sale proceeds by the end of 2026.

Macy's: Slimming Down Its Store Base To Restore Growth

In the most recent trading session, Macy's (M) closed at $15.70, indicating a -2% shift from the previous trading day.

Here's Why Macy's (M) Fell More Than Broader Market

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For the second-straight month, retail sales exceeded estimates.

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Macy's is set to celebrate the grand opening of Bloomie's on Nov. 14, 2024, introducing an exclusive all-women's assortment to the Central Jersey community.

Macy's Announces the Opening of the Fourth Bloomie's Store

Macy's (M) reachead $15.64 at the closing of the latest trading day, reflecting a +1.69% change compared to its last close.

Macy's (M) Advances While Market Declines: Some Information for Investors

The Fourth Bloomie's Location is set to open at The Grove in Shrewsbury on November 14 NEW YORK , Oct. 15, 2024 /PRNewswire/ -- Today Bloomingdale's announces the fourth Bloomie's store format is set to open on November 14, 2024 in The Grove Shopping Center in Shrewsbury, New Jersey. This location will be the first of its kind to carry an all-women's assortment, including a highly curated collection of contemporary ready-to-wear, inclusive of complementary accessories, beauty, and the most elevated expression of fine jewelry to date.

Bloomie's By Bloomingdale's is Opening in New Jersey

NEW YORK--(BUSINESS WIRE)--As the ultimate holiday destination, Macy's brings the magic of the holidays to life with beloved iconic events, whimsical window displays, unique shopping experiences and the top trending gifts on everyone's list. This year, Macy's will help guide customers to the perfect gifts with a curated collection of fresh, exclusive products, new brands and unmatched value across all categories. “As we embrace the joy of the holiday season, Macy's will once again be at the cen.

Experience the Magic of Holidays With Macy's: Your Ultimate Holiday Guide to Gift Giving and Celebration

Highlights: Positive National Instrument 43-101 ("NI 43-101") Preliminary Economic Assessment ("PEA") for the BamaStar Mine and Concentrator Plant in Coosa County, AL and a value-add upgrading plant in Mobile, AL. The natural flake graphite concentrate precursor material for the value-add plant will come from South Star's BamaStar and Santa Cruz Mines, which is now in Phase 1 operations in Brazil.

South Star Announces Significant Increase in Mineral Resources and Positive BamaStar PEA Results for Vertically Integrated Graphite Mine and Value-Add Project in Alabama, U.S.A.

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Retailers such as Amazon, Target, Macy's and Bath & Body Works are deploying a reasonable number of seasonal associates to deal with the holiday rush.

How AMZN, TGT, M & BBWI Are Preparing for the Holiday Season Rush

Macy's, Inc.'s CAGR is -17.70%, with a ten-period moving average CAGR of -5.37%, indicating a significant decline. Net sales have decreased in seven of the last ten years, with the latest report showing the second-weakest year since 2020. Despite declining metrics, Macy's management has introduced a restructuring plan titled "A Bold New Chapter" to revitalize the company.

Macy's Bold New Chapter Strategy Faces Too Many Uncertainties

Macy's (M) closed the most recent trading day at $15.37, moving +0.13% from the previous trading session.

Why the Market Dipped But Macy's (M) Gained Today

The retailer's annual campaign will benefit its two long-standing partners, the Breast Cancer Research Foundation and the Tutu Project NEW YORK , Oct. 1, 2024 /PRNewswire/ -- To mark Breast Cancer Awareness Month and as part of its annual Pink Campaign, Bloomingdale's today launches a new AQUA  x Kerri Rosenthal collection . For the past 19 years, and in partnership with the Breast Cancer Research Foundation (BCRF) and The Tutu Project, Bloomingdale's has raised over $18 million through activations that span stores across the U.S. and online.

BLOOMINGDALE'S ANNUAL PINK CAMPAIGN LAUNCHES IN TANDEM WITH AQUA X KERRI ROSENTHAL COLLECTION

M Stock is grappling with declining discretionary spending and rising operational costs, prompting investors to proceed with caution.

Macy's Down 21% in 3 Months: Should Investors Still Hold M Stock?

NEW YORK--(BUSINESS WIRE)--Macy's and Toys“R”Us® are kicking off the holiday season with the unveiling of Geoffrey's Hot Toy List for 2024, featuring the hottest toys for every age and interest. This year's list includes 150 of the most coveted toys for the ‘Toys R Us' kid in all of us, from favorite brands like Barbie®, Hot Wheels, Pokémon, LEGO®, Bluey & more. Highlights include a Toys“R”Us® exclusive Geoffrey with a Christmas Tree FUNKO, along with popular brands created by Toys“R”Us, in.

Macy's and Toys“R”Us® Announce Geoffrey's Hot Toy List for the 2024 Holiday Season

Macy's (M) reported earnings 30 days ago. What's next for the stock?

Macy's (M) Up 1.1% Since Last Earnings Report: Can It Continue?

M is set to hire seasonal employees for the upcoming holiday season across its Macy's, Bloomingdale's and Bluemercury stores and distribution centers.

Macy's to Expand Workforce With 31,500 Seasonal Hires for Holidays

Macy's said on Thursday it will hire more than 31,500 full and part-time employees for the upcoming holiday season - fewer than last year - as the U.S. department store gears up for a busy shopping period.

Macy's to hire more than 31,500 employees for holiday season

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Gears Up to Hire for More Than 31,500 Seasonal Positions to Deliver Joyful Holiday Shopping Experiences.

Macy's, Inc. Gears Up to Hire for More Than 31,500 Seasonal Positions to Deliver Joyful Holiday Shopping Experiences

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the “Tender Offer”) by its wholly owned subsidiary, Macy's Retail Holdings, LLC (the “Company”), for each series of notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid interest, which also will be paid to, but excluding, the applicable Settlement Date and exclud.

Macy's, Inc. Announces Early Tender Results of Debt Tender Offer

NEW YORK--(BUSINESS WIRE)--Today, Macy's introduced Mode of One, a new contemporary menswear brand designed for the individual who sees style as a powerful form of self-expression. The assortment features a range of high-quality must-have items from elevated everyday essentials to statement-making designs, all with a focus on impeccable fits and proportions. Mode of One strengthens Macy's contemporary menswear assortment and is part of the company's ongoing private brands reimagination. The col.

Macy's Launches Mode of One, a New Contemporary Menswear Brand, Strengthening Fashion Leadership in Private Brands

Macy's, Inc. (NYSE:M ) Goldman Sachs 31st Annual Global Retailing Conference September 5, 2024 8:15 AM ET Company Participants Tony Spring - Chairman and Chief Executive Officer Adrian Mitchell - Chief Operating Officer and Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Brooke Roach Good morning, everyone, and welcome to Day Two of our Goldman Sachs Global Retailing Conference. My name is Brooke Roach.

Macy's, Inc. (M) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced that its wholly owned subsidiary, Macy's Retail Holdings, LLC (the “Company”), has commenced a cash tender offer (the “Tender Offer”) to purchase up to an aggregate principal amount of its outstanding notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid interest, which also will be paid to, but excluding, the applicable Settlement Da.

Macy's, Inc. Announces Debt Tender Offer

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ORLANDO, FL / ACCESSWIRE / August 29, 2024 / 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 second quarter ended June 30, 2024. Wayne Tupuola, CEO of Laser Photonics, commented: "While our second quarter reflected a revenue decline due to pushouts in timing for expected orders that were delayed resulting from customers' internal capex review processes, we are encouraged by the mix of CleanTech representing over 80% of our sales during the quarter.

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