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Macy's Inc

M

Latest Trade

15.41USD

Change

-0.31(-1.97%)

Volume

17,876,032

Today's Range

15.32

 - 

15.95

52 Week Range

14.20

 - 

38.35

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

Pricing

Previous Close
15.72
Open
15.78
Volume
17,876,032
3M AVG Volume
254.08
Today's High
15.95
Today's Low
15.32
52 Week High
38.35
52 Week Low
14.20
Shares Out (MIL)
308.91
Market Cap (MIL)
4,760.38
Forward P/E
5.46
Dividend (Yield %)
9.80

Next Event

Q3 2019 Macy's Inc Earnings Release

Latest Developments

More

Macy's Begins Search For Bluemercury CEO; To Consider Internal, External Candidates

Macy's Says Targeting Annual $400 Mln-$550 Mln Of Gross Margin And Sg&A Benefits Over Next Two To Four Years - Goldman Sachs Retail Conf

Macy’s Board Declares Quarterly Dividend

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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

7 W 7th St

+1.513.5797000

http://www.macysinc.com/

Executive Leadership

Jeffrey Gennette

Chairman of the Board, Chief Executive Officer

Harry A. Lawton

President

Paula A. Price

Chief Financial 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

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

2017

25.8K

2018

24.8K

2019

25.0K

2020(E)

24.9K
EPS (USD)

2017

3.110

2018

3.770

2019

4.180

2020(E)

2.821
Price To Earnings (TTM)
4.77
Price To Sales (TTM)
0.19
Price To Book (MRQ)
0.75
Price To Cash Flow (TTM)
2.42
Total Debt To Equity (MRQ)
74.60
LT Debt To Equity (MRQ)
74.49
Return on Investment (TTM)
6.60
Return on Equity (TTM)
5.11

Latest News

Macy's sees savings of up to $550 million from targeted promotions, better pricing

Macy's Inc <M.N> said on Thursday it aimed to save $400 million to $550 million annually in the next two to four years, as the department store chain cuts back on discounts, sending its shares up 5% in mid-day trading.

Macy's aims to save up to $550 mln in 2-4 years, shares rise

Macy's Inc said on Thursday it aimed to save $400 million to $550 million annually in the next two to four years, as the department store chain cuts back on discounts, while focusing more on targeted promotions for customers.

Macy's shares sink as discounts to clear inventory hurt, tourism drops

Macy's Inc <M.N> cut its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as it discounted merchandise heavily to clear spring inventory, sending its shares down as much as 18%.

Macy's not looking to raise prices if new tariffs imposed: CEO

Macy's Inc <M.N> Chief Executive Officer Jeff Gennette said on Wednesday that the department store chain would not raise prices on products if the Trump administration goes ahead with its latest 10% tariffs.

Macy's not looking to raise prices if new tariffs imposed - CEO

Macy's Inc Chief Executive Officer Jeff Gennette said on Wednesday that the department store chain would not raise prices on products if the Trump administration goes ahead with its latest 10% tariffs.

Macy's posts 48% drop in profit, cuts full-year forecast

Macy's Inc reported a 48% fall in quarterly profit and cut its forecast for full-year adjusted earnings on Wednesday, as the department store operator discounted heavily to clear excess inventory, sending its shares down 13%.

Macy's accused of bias against black, Latino workers with criminal histories

Macy's Inc on Wednesday was hit with a lawsuit claiming it unlawfully refuses to hire or fires workers with criminal records, which has a disproportionate impact on black and Latino people.

Retailers J.C.Penney, Macy's oppose proposed tariffs on apparel, footwear

Department store operators J.C. Penney Co Inc and Macy's Inc have opposed U.S. President Donald Trump's proposal to include apparel and footwear among the Chinese goods targeted for tariffs.

Retailers RH, Oxford Industries plan price hike to soften China tariff impact

Home furnishing retailer RH and apparel retailer Oxford Industries Inc revealed major steps, including shifting production out of China and raising prices, to cushion the impact of the tariff hike on Chinese goods.

Macy's CEO says tariff escalation could hurt business

Macy's Inc said on Wednesday the latest tariffs on Chinese imports by Washington are hitting its furniture business and warned investors that additional levies would leave its clothing and accessory categories vulnerable as well.

Macy's CEO says recent tariffs to impact furniture business

Macy's Inc said on Wednesday the recent hike in U.S. tariffs on Chinese goods will hurt its furniture business of the department store operator.

Macy's CEO says recent tariffs to impact furniture business

Macy's Inc said on Wednesday the recent hike in U.S. tariffs on Chinese goods will hurt its furniture business of the department store operator.

Macy's same-store sales tops expectations; shares rise 7%

Macy's Inc topped Wall Street estimates for quarterly same-store sales on Wednesday, benefiting from increased digital sales and higher demand for discounted luxury items sold at its off-price stores, sending its shares up 7%.

Macy's new restructuring to cut 100 senior jobs, save $100 million annually

Macy's Inc, the largest U.S. department store chain, said on Tuesday it would cut 100 senior management positions to reduce costs and improve profitability, and reported holiday same-store sales growth short of Wall Street's expectations.

Macy's announces restructuring plan to save $100 mln annually

Macy's Inc on Tuesday announced a restructuring plan that would cut the complexity of its top management structure to speed up decision-making and reduce costs.

Macy's cuts profit, sales forecast after weak holiday season

Macy's Inc <M.N> shares plunged 18 percent on Thursday after the department store operator slashed its full-year profit and sales forecast on the back of an anemic holiday season, sending a chill through the wider retail sector.

CORRECTED-GLOBAL MARKETS-Stocks rise for fifth straight day as the Fed supports

* Powell says Fed can be patient as U.S. economy evolves in 2019

CORRECTED-GLOBAL MARKETS-Stocks little changed as trade talks, data disappoint

An index of world stock markets was little changed on Thursday after a four-day winning streak, as investors fretted over the lack of clear signs that a U.S.-China trade spat was resolved and over sluggish global economic growth.

Macy's shares plunge as weak holiday sales prompt forecast cut

Shares of Macy's Inc <M.N> plunged 17 percent in early trading on Thursday, after the department store operator cut same-store sales forecast for the full year due to weak demand during mid-December.

CORRECTED-WRAPUP 1-Macy's shares sink after it trims full-year sales forecast

Macy's Inc cut its full-year comparable sales forecast on Thursday while year-end sales growth at rival Kohl's Corp disappointed investors, signaling retailers' continued struggle to keep up with a shift towards online shopping.

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

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