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Macy's Inc

M.N

Latest Trade

6.75USD

Change

-0.48(-6.64%)

Volume

3,311,297

Today's Range

6.60

 - 

7.17

52 Week Range

4.38

 - 

18.57

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

Pricing

Previous Close
7.23
Open
7.09
Volume
3,311,297
3M AVG Volume
512.01
Today's High
7.17
Today's Low
6.60
52 Week High
18.57
52 Week Low
4.38
Shares Out (MIL)
310.25
Market Cap (MIL)
2,243.08
Forward P/E
--
Dividend (Yield %)
--

Next Event

Q3 2020 Macy's Inc Earnings Call

Latest Developments

More

Macy's Announces Chief Financial Officer Transition

Macy's Q2 Adjusted Loss Per Share $0.81

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

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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)

-3.633
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.11
Price To Book (MRQ)
0.97
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

Macy's names retail consulting exec Adrian Mitchell as CFO

Macy's Inc <M.N> said on Wednesday Adrian Mitchell, a managing director at Boston Consulting Group, will take over as the department store operator's chief financial officer in November.

Macy's names retail consulting exec as CFO

Macy's Inc said on Wednesday Adrian Mitchell, a managing director at Boston Consulting Group, will take over as the department store operator's chief financial officer in November.

Macy's invests in online 'buy now, pay later' firm Klarna

Macy's, the largest U.S. department store operator, has signed a deal to invest in Swedish payments group Klarna, joining investors including rapper Snoop Dogg and BlackRock in betting on the "buy now, pay later" online payments market.

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 settles lawsuit over NYC criminal background checks of minority applicants

Macy's Inc agreed to pay $1.8 million and change its screening policies to settle a lawsuit claiming it illegally required New York City job applicants to undergo criminal background checks, disproportionately affecting Black and Hispanic people.

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

Macy's Inc <M.N> 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 <M.N> 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 <M.N> 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 <M.N> said on Monday it raised a total of $4.5 billion, 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 <M.N> 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 <M.N> 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 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.

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

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