Macy`s Inc

NYSE: M
Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector TRADE & SERVICES
Industry RETAIL-DEPARTMENT STORES
Address 7 WEST SEVENTH STREET, CINCINNATI, OH, US
Fiscal Year End January
Latest Quarter 10/31/2023
Market Cap 4,938.34M USD
Shares Outstanding 274,200,000
Macy's Inc is a prominent retail company with a rich history dating back to 1830. Based in New York, it offers a wide variety of products including clothing for all ages, cosmetics, home furnishings, and more. Known for its flagship brands Macy's, Bloomingdale's, and bluemercury, the company has a strong presence both online and through physical stores across the United States. Additionally, Macy's extends its global reach with licensed operations in Dubai and Kuwait, showcasing its international appeal.
24/7 Wall St. has previewed some of the key companies expected to report results this week, including Broadcom, Macy's and Zoom Video.
It would be a mistake to believe that the shoring up of Macy's balance sheet will ensure it can make it through the pandemic. It must have at least some store sales to keep it alive
Lord & Tayor and Tailored Brands just filed for bankruptcy, adding two to the number of traditional retailers that could not make it financially this year.
Ascena Retail went under financially and took with it 20,000 jobs. Did Amazon.com cause this or did the pandemic?
Wednesday's top analyst upgrades and downgrades included AGCO, Coca-Cola, Fannie Mae, FirstEnergy, JPMorgan, Macy's, Owens & Minor, PayPal, Snap, Square and Wells Fargo.
FedEx, Macy's, Micron Technology and others are scheduled to share their most recent quarter results this week. Here's what to expect.
Macy's will cut 3,900 jobs as part of a cost-cutting effort. Its CEO made 461 times the median compensation of his workers last year.
A number of U.S. cities have been hit with protests, some of which have turned violent. Retail locations in these places face damage.
Macy's has announced preliminary revenue and operating loss estimates for the first quarter. Things could get a lot worse faster now.
Macy’s is scheduled to release its fiscal first-quarter financial results before the markets open on Thursday. Analysts and investors expect this report to show just how distressed the company is...
There was little doubt that J.C. Penney would file for bankruptcy protection. Its reorganization plan is mainly about the real estate. The retailer expects to close 200 stores this year and more next...
24/7 Wall St. previews Home Depot, Target, Walmart and some of the other key companies reporting this coming week.
Thursday's top analyst upgrades and downgrades included Costco Wholesale, CVS Health, Etsy, General Motors, Kohl's, Macy's, Peloton Interactive, Shopify, Twilio and Wynn Resorts.
Investors holding these shares, or aggressive accounts looking for new short ideas, should consider taking a long look at these troubled stocks.
J.C. Penney, Gap and Macy's are all on the ropes. Together they employ more than 340,000 people, and their fates depend on how long the economy is shut down.