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Macy's Inc

M.N

Latest Trade

6.32USD

Change

0.05(+0.80%)

Volume

1,259,529

Today's Range

6.22

 - 

6.48

52 Week Range

4.38

 - 

18.57

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
6.27
Open
6.33
Volume
1,259,529
3M AVG Volume
591.76
Today's High
6.48
Today's Low
6.22
52 Week High
18.57
52 Week Low
4.38
Shares Out (MIL)
310.25
Market Cap (MIL)
1,957.65
Forward P/E
-1.76
Dividend (Yield %)
--

Next Event

Q3 2020 Macy's Inc Earnings Call

Latest Developments

More

Macy's Q2 Adjusted Loss Per Share $0.81

Macy's Expects Roughly 6 To 7 Percentage Points Of Comp Improvement in Q2

Macy's Reports Q1 Loss Per Share $11.53

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About Macy's Inc

Macy's, Inc. is an omnichannel retail company operating stores, Websites and mobile applications under various brands, such as Macy's, Bloomingdale's and Bluemercury. The Company sells a range of merchandise, including apparel and accessories (men's, women's and children's), cosmetics, home furnishings and other consumer goods. Its subsidiaries provide various support functions to its retail operations. Its bank subsidiary, FDS Bank, provides credit processing, certain collections, customer service and credit marketing services in respect of all credit card accounts that are owned either by Department Stores National Bank (DSNB), which is a subsidiary of Citibank N.A., or FDS Bank. The private label brands offered by the Company include Alfani, American Rag, Aqua, Bar III, Belgique, Charter Club, Club Room, Epic Threads, first impressions, Giani Bernini, Greg Norman for Tasso Elba, Holiday Lane, Home Design, Hotel Collection, John Ashford, Karen Scott, Thalia Sodi and lune+aster.

Industry

Retail (Department & Discount)

Contact Info

151 WEST 34TH STREET

NEW YORK, NY

10001

United States

+1.513.5797585

https://www.macysinc.com/

Executive Leadership

Jeffrey Gennette

Chairman of the Board, Chief Executive Officer

Felicia Williams

Interim Chief Financial Officer

John T. Harper

Chief Operating Officer, Executive Vice President

Danielle L. Kirgan

Chief Human Resource Officer, Executive Vice President

Elisa Garcia

Executive Vice President, Chief Legal Officer and Secretary

Key Stats

3.59 mean rating - 17 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

24.8K

2019

25.0K

2020

24.6K

2021(E)

16.8K
EPS (USD)

2018

3.770

2019

4.180

2020

2.910

2021(E)

-3.625
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.09
Price To Book (MRQ)
0.84
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
231.93
LT Debt To Equity (MRQ)
208.73
Return on Investment (TTM)
-25.26
Return on Equity (TTM)
-19.14

Latest News

Latest News

COVID-19 Masked Snoopy balloon? Macy's Thanksgiving Parade is TV-only event

The coronavirus pandemic is transforming this year's Macy's Thanksgiving Day Parade into a television-only spectacle, New York City said on Monday, with the traditional giant character balloons pulled by vehicles rather than humans and absolutely no children allowed.

Macy's Thanksgiving Parade to be reduced to television-only event

Macy's Inc's iconic Thanksgiving Day Parade will shift to a television-only special presentation, the company and the City of New York said on Monday.

Macy's rethinks holidays in the time of COVID-19 with new gifts, online focus

Macy's Inc will drastically change how it does business this holiday season, executives said on Wednesday, placing a sharper focus on online sales and promoting more beauty and home items to shoppers opting to stay home due to the COVID-19 health crisis.

Macy's beats quarterly sales expectations on online boost

Macy's Inc reported better-than-expected quarterly sales on Wednesday, as shoppers stuck indoors due to the COVID-19 pandemic bought more apparel using the department store chain's app and website.

Macy's posts nearly $4 billion in losses, doesn't expect another shutdown

Macy's Inc reported a staggering $3.58 billion quarterly loss on Wednesday as coronavirus-related store shutdowns resulted in a $3 billion impairment charge.

Macy's reports $3.58 billion quarterly loss as COVID-19 hits business

Macy's Inc on Wednesday reported a $3.58 billion loss in the coronavirus-hit quarter, mainly due to goodwill and asset impairment charges of $3.1 billion, as its stores remained shut due to COVID-19 lockdowns.

Weak demand prompts Macy's to cut 3,900 jobs in push to save cash

Macy's Inc said on Thursday it would lay off about 3,900 employees in corporate and management positions as U.S. businesses try to save cash in the face of dwindling demand caused by the COVID-19 pandemic.

Macy's to lay off 3,900 employees

Macy's Inc said on Thursday it would lay off about 3,900 employees in corporate and management positions to help lessen some of the financial strain of dwindling sales due to the COVID-19 pandemic.

Macy's says return to normal business at least a year away

Macy's Inc warned on Tuesday its business was not likely to return to normal until late next year, even as it saw better-than-expected sales from stores reopening after COVID-19 lockdowns were lifted across the United States.

Macy's raises $4.5 billion to shore up funds as stores reopen, shares surge

Macy's Inc said on Monday it raised a total of $4.5 billion (3.54 billion pounds), including $3.15 billion in new borrowings against its real estate assets, as the department store chain tries to navigate through the fallout from the COVID-19 pandemic.

Macy's raises $4.5 billion through asset-based credit, bonds

Macy's Inc said on Monday it raised a total of $4.5 billion, including $3.15 billion in asset-based credit, as the department store chain tries to navigate through the fallout from the COVID-19 pandemic.

Breakingviews - Corona Capital: GE cash burn, Macy’s lifeline

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Macy's announces $1 billion bond offering to repay credit facility

Macy's Inc said on Tuesday it planned to raise $1.1 billion in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.

Breakingviews - Corona Capital: Perpetual WFH, Macy’s

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Macy's to be 'smaller company' as loss to hit $1 billion in quarter amid lockdowns

Macy's Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus.

Macy's forecasts $1 billion quarterly loss due to lockdowns

Macy's Inc <M.N> forecast a quarterly operating loss of up to $1.11 billion on Thursday, as the retailer was forced to shut stores due to lockdowns implemented to curb the spread of the coronavirus.

Macy's delays first-quarter results to July 1, citing COVID-19 disruption

Department store chain Macy's Inc on Thursday delayed its first-quarter earnings report to July 1, citing significant business disruption due to the COVID-19 pandemic, which has also led to delay in financial statement preparation.

UPDATE 3-Macy's reopening 68 stores, targets all within six weeks as U.S. curbs loosen

Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures.

Macy's reopens stores, targets all within six weeks -WSJ

Macy's Inc plans to reopen 68 stores on Monday in U.S. states that have loosened coronavirus lockdowns, the Wall Street Journal reported on Thursday, as more retailers sought to get business going after a crushing month of closures.

Macy’s taps Bank of America for US$5bn in debt to support operations

Department store chain Macy’s is looking to raise up to US$5bn in debt financing, two sources familiar with the discussions told Refinitiv LPC on Wednesday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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