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Macy's Inc (M.N)

M.N on New York Stock Exchange

25.81USD
12:45am IST
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$1.05 (+4.26%)
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Latest Key Developments (Source: Significant Developments)

Macy's Inc Says Comparable Sales (Owned) 0.7 Pct For Nov/Dec 2018
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Macy's Inc ::MACY’S, INC. ANNOUNCES NOVEMBER/DECEMBER 2018 SALES RESULTS.MACY’S, INC. ANNOUNCES NOVEMBER/DECEMBER 2018 SALES RESULTS.REVISES ANNUAL SALES AND EARNINGS GUIDANCE DOWN.COMPARABLE SALES (OWNED) 0.7% FOR NOVEMBER/DECEMBER 2018.COMPARABLE SALES (OWNED PLUS LICENSED) 1.1% FOR NOV/DEC 2018.SEES FY COMPARABLE SALES (OWNED PLUS LICENSED) NOW UP ABOUT 2 PERCENT.SEES FY DILUTED EPS EXCLUDING SETTLEMENT CHARGES, IMPAIRMENT AND OTHER COSTS $3.95 TO $4.00.FY EARNINGS PER SHARE VIEW $4.23 -- REFINITIV IBES DATA.HOLIDAY SEASON WEAKENED IN MID-DECEMBER PERIOD AND DID NOT RETURN TO EXPECTED PATTERNS UNTIL WEEK OF CHRISTMAS.WILL CONTINUE TO TAKE NECESSARY STEPS IN JANUARY TO ENSURE A CLEAN INVENTORY POSITION AS CO ENTERS FISCAL 2019.  Full Article

Macy’s Announces Pricing Of Debt Tender Offer
Thursday, 13 Dec 2018 

Dec 12 (Reuters) - Macy's Inc ::MACY’S, INC. ANNOUNCES PRICING OF DEBT TENDER OFFER.MACY'S INC - MACY'S RETAIL HOLDINGS, INC TO PURCHASE UP TO $750 MILLION IN AGGREGATE PRINCIPAL AMOUNT.MACY'S INC - AS A RESULT OF TENDER OFFER, CO TO RECORD A ONE-TIME PRE-TAX CHARGE OF ABOUT $28 MILLION IN Q4 OF 2018.MACY'S- TOTAL TENDER OFFER CONSIDERATION FOR SERIES OF NOTES INCLUDES EARLY TENDER PREMIUM OF $30 PER $1,000 AMOUNT NOTES ACCEPTED FOR PURCHASE BY CO.MACY'S INC - BY COMPLETING TENDER OFFER, MACY'S INTEREST EXPENSE IS ANTICIPATED TO BE REDUCED ON A FULL YEAR BASIS BY ABOUT $47 MILLION.  Full Article

Macy's Inc Files For Potential Mixed Shelf Offering; Size Not Disclosed
Saturday, 8 Dec 2018 

Dec 7 (Reuters) - Macy's Inc ::MACY'S INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Macy's Inc Announces Debt Tender Offer
Thursday, 29 Nov 2018 

Nov 28 (Reuters) - Macy's Inc ::MACY’S, INC. ANNOUNCES DEBT TENDER OFFER.MACY'S INC - COMMENCED A CASH TENDER OFFER TO PURCHASE UP TO $600 MILLION IN AGGREGATE PRINCIPAL AMOUNT NOTES.  Full Article

Macy's Says Jeffrey Kantor, Chief Merchandising Officer, Has Informed Co That He Intends To Retire April 16, 2019
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - Macy's Inc ::MACY'S INC - JEFFREY KANTOR, CHIEF MERCHANDISING OFFICER, HAS INFORMED CO THAT HE INTENDS TO RETIRE APRIL 16, 2019 - SEC FILING.  Full Article

Macy's Sets Regular Quarterly Dividend Of $0.3775/Share
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Macy's Inc ::SETS REGULAR QUARTERLY DIVIDEND OF $0.3775 PER SHARE.  Full Article

Macy's Sets Regular Quarterly Dividend Of $0.3775 Per Share
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Macy's Inc ::SETS REGULAR QUARTERLY DIVIDEND OF $0.3775PER SHARE.  Full Article

Macy’s Inc. Q2 Earnings Per Share $0.70 Excluding Items
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Macy's Inc ::MACY’S, INC. REPORTS SECOND QUARTER 2018 EARNINGS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.95 TO $4.15 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.70 EXCLUDING ITEMS.Q2 SALES $5.572 BILLION VERSUS I/B/E/S VIEW $5.55 BILLION.Q2 SAME STORE SALES ROSE 0.5 PERCENT.Q2 EARNINGS PER SHARE VIEW $0.51 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE $0.53.COMPANY RAISES ANNUAL SALES AND EARNINGS GUIDANCE..TOTAL SALES ARE EXPECTED TO RANGE FROM FLAT TO A 0.7 PERCENT INCREASE IN FISCAL 2018.COMPARABLE SALES ON AN OWNED BASIS WERE FLAT IN Q2 2018 VERSUS Q2 OF 2017.ON AN OWNED PLUS LICENSED BASIS, COMPARABLE SALES WERE UP 0.5 PERCENT FOR Q2 OF 2018.MACY'S - ADJUSTED FOR SHIFT IN SPRING FRIENDS & FAMILY PROMOTION, CO ESTIMATES COMP SALES ON OWNED PLUS LICENSED BASIS WERE UP 2.9 PERCENT FOR Q2.FY EARNINGS PER SHARE VIEW $3.87, REVENUE VIEW $24.90 BILLION -- THOMSON REUTERS I/B/E/S.MACY'S-COMPARABLE SALES ON OWNED PLUS LICENSED BASIS TO INCREASE BETWEEN 2 & 2.5 PERCENT FOR H2 2018, WHICH TRANSLATES TO FY INCREASE OF 2.1 & 2.5 PERCENT.MACY'S- FY COMPARABLE SALES ON OWNED BASIS IS CONSISTENT WITH PRIOR GUIDANCE.  Full Article

Paula Price To Join Macy’s As Chief Financial Officer
Wednesday, 23 May 2018 

May 23 (Reuters) - Macy's Inc ::PAULA A. PRICE TO JOIN MACY’S, INC. AS CHIEF FINANCIAL OFFICER.MACY'S INC - PRICE WILL SUCCEED KAREN HOGUET WHO, AS PREVIOUSLY ANNOUNCED, PLANS TO RETIRE AT END OF 2018 FISCAL YEAR.MACY'S INC - PAULA A. PRICE WILL BE APPOINTED CHIEF FINANCIAL OFFICER, EFFECTIVE JULY 9, 2018.MACY'S INC - HOGUET WILL REMAIN WITH CO IN ADVISORY ROLE TO SUPPORT CO DURING A TRANSITION PERIOD UNTIL FEBRUARY 2, 2019.  Full Article

Macy's Says Plans To Open A Dedicated Backstage Distribution Center In Columbus, Ohio
Tuesday, 1 May 2018 

April 30 (Reuters) - Macy's Inc ::MACY'S INC - PLANS TO OPEN A DEDICATED BACKSTAGE DISTRIBUTION CENTER IN COLUMBUS, OHIO.MACY'S INC - OPENING NEW BACKSTAGE DISTRIBUTION CENTER IN COLUMBUS, OHIO.MACY'S INC - DISTRIBUTION CENTER IN COLUMBUS, OHIO IS PLANNED TO OPEN IN FALL 2019, ANTICIPATES IT WILL CREATE APPROXIMATELY 400 JOBS.  Full Article

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