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Macy's Inc

M.N

Latest Trade

6.63USD

Change

-0.23(-3.35%)

Volume

4,226,074

Today's Range

6.43

 - 

6.81

52 Week Range

4.38

 - 

23.39

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

Pricing

Previous Close
6.86
Open
6.71
Volume
4,226,074
3M AVG Volume
913.72
Today's High
6.81
Today's Low
6.43
52 Week High
23.39
52 Week Low
4.38
Shares Out (MIL)
310.24
Market Cap (MIL)
2,124.34
Forward P/E
-1.51
Dividend (Yield %)
--

Next Event

Q2 2020 Macy's Inc Earnings Release

Latest Developments

More

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

Macy's Reports Q1 Loss Per Share $11.53

Macy’s Inc Announces Restructuring To Address Sales Impact From The Covid-19 Pandemic

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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

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

2018

24.8K

2019

25.0K

2020

24.6K

2021(E)

17.2K
EPS (USD)

2018

3.770

2019

4.180

2020

2.910

2021(E)

-4.345
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.09
Price To Book (MRQ)
0.79
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
209.75
LT Debt To Equity (MRQ)
182.35
Return on Investment (TTM)
-21.68
Return on Equity (TTM)
-15.81

Latest News

Latest News

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.

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

Department store chain Macy's Inc <M.N> 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.

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.

Exclusive: Macy's taps Lazard to bolster finances as coronavirus saps sales - sources

Macy's Inc <M.N> has hired investment bank Lazard Ltd <LAZ.N> to explore options for bolstering its finances after the department store operator lost most of its revenue as it shut down all its stores as a result of the coronavirus outbreak, people familiar with the matter...

Macy's finance chief Paula Price to step down in May

Department store chain operator Macy's Inc <M.N> said on Tuesday Chief Financial Officer Paula Price would step down from the role next month after nearly two years on the job.

Macy's finance chief Paula Price to step down in May

Department store chain operator Macy's Inc said on Tuesday that Chief Financial Officer Paula Price would step down from the role on May 31.

Macy's to drop from S&P 500 to small-cap index

Macy's Inc <M.N> will be removed from the benchmark S&P 500 stock index <.SPX>, the S&P Dow Jones Indices said on Tuesday, as coronavirus-induced store closures compound the retail sector's struggles with a shift to 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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