Macy's, Inc. (M)
| Market Cap | 3.77B |
| Revenue (ttm) | 23.01B |
| Net Income (ttm) | 582.00M |
| Shares Out | 277.72M |
| EPS (ttm) | 2.07 |
| PE Ratio | 6.56 |
| Forward PE | 6.42 |
| Dividend | $0.73 (5.37%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 4,200,713 |
| Open | 13.94 |
| Previous Close | 13.94 |
| Day's Range | 13.56 - 13.95 |
| 52-Week Range | 12.60 - 20.71 |
| Beta | 2.11 |
| Analysts | Hold |
| Price Target | 16.44 (+20.97%) |
| Earnings Date | Mar 6, 2025 |
About M
Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in Ju... [Read more]
Financial Performance
In 2024, Macy's's revenue was $23.01 billion, a decrease of -3.60% compared to the previous year's $23.87 billion. Earnings were $582.00 million, an increase of 1193.33%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for M stock is "Hold." The 12-month stock price forecast is $16.44, which is an increase of 20.97% from the latest price.
News
Macy's is closing 66 stores. Here's where they're located
Macy's named 66 stores in early January that it planned to close this year and, according to reports, a slew of closures went into effect over this past weekend.
Macy's Introduces Arch Studio: Effortless, Fresh Home Essentials
NEW YORK--(BUSINESS WIRE)--Macy's announces the launch of Arch Studio, a new private brand for accessible home essentials, making it easy for customers to outfit their entire home. Arch Studio offers ...
Camino Announces Filing of Pre-Feasibility Study Technical Report and Provides Update on Previously Announced Acquisition of the Puquios Copper Project
VANCOUVER, BC / ACCESS Newswire / March 17, 2025 / Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) (" Camino " or the " Company ") is pleased to provide an update on its previously announced 1 ...
Zedge Announces Second Quarter Fiscal 2025 Results
Zedge Marketplace active subscribers and subscription revenue increased 22% and 13%, respectively Zedge Marketplace ARPMAU1 increased 9% Zedge Premium GTV1 increased 27% Free cash flow2 of $0.6 millio...
Good American Launches at Macy's, Expanding the Retailer's Denim Offerings
NEW YORK--(BUSINESS WIRE)--Good American, global brand co-founded by Khloé Kardashian and Emma Grede, and known for its innovative and inclusive approach to denim, launches at Macy's in 36 doors for t...
Macy's: Attractive Even With Mixed Guidance
Macy's shares have underperformed, losing 30% over the past year, but modernization efforts show promise, particularly in the first 50 updated stores. Despite declining revenue, Macy's beat earnings e...
Macy's sounds yet another alarm on consumer spending
Economic uncertainty is affecting even its most affluent customers. Transcript: Kelsey Barberio: Add Macy's to the growing list of retailers with a not-so-optimistic outlook in 2025.
Macy's Expects Sales to Drop Again This Year
Macy's said it expect sales to decline again this year as even affluent customers of the department store chain wait to see how swirling tariffs and inflationary pressures affect the economy.
Macy's closed 64 stores last year as the retailer's gains from real estate sales more than doubled
Macy's announced in its fourth-quarter and fiscal-year 2024 earnings report on Thursday that it expects another year of declining sales as the department store chain continues reshaping its footprint ...
Macy's Focuses on Customer Experience and Long-Term Growth
In a retail world where growth is harder to come by, Macy's is prioritizing stability over expansion, adjusting to the realities of a more competitive and unpredictable market. Macy's fourth-quarter r...
Macy's, Inc. (M) Q4 2024 Earnings Call Transcript
Macy's, Inc. (NYSE:M) Q4 2024 Earnings Conference Call March 6, 2025 8:00 AM ET Company Participants Pamela Quintiliano - Vice President, Investor Relations Tony Spring - Chairman & Chief Executive O...
Macy's stock falls as it cuts guidance in the face of ‘external uncertainties'
The retailer said it's taking a “prudent” approach to its outlook as it warns of a profit shortfall.
Macy's Stock Slides on Mixed Fourth-Quarter Earnings and Weak Guidance
Macy's reports an earnings beat for the quarter but narrowly misses Wall Street's sales forecast.
Macy's forecasts 2025 sales, profit below expectations as retailers battle soft demand
Macy's forecast annual sales and profit below Wall Street's expectations on Thursday, joining several U.S. retailers in signaling that shoppers were holding off buying apparel and accessories in the f...
Macy's turnaround starts to take shape, but ailing stores weigh on quarterly results
Macy's beat Wall Street's earnings expectations but fell short on revenue as CEO Tony Spring works through his plan to revitalize the business. The company's so-called "First 50" locations – the store...
Macy's, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results.
Dynacor Group Forecasts Sales Increase and Investment in Growth in 2025
MONTREAL--(BUSINESS WIRE)---- $DNG #cash--Dynacor Group Inc. (TSX: DNG) (Dynacor or the "Corporation"), today announced its initial 2025 outlook, which includes a 27% increase in sales at midpoint ver...
Walmart's earnings failed to please investors. Can Costco and these other retailers do better?
Earnings Watch: Costco, Target, Macy's, Gap and other retailers report this week, as consumer confidence sinks and boycott pressure intensifies
The Schall Law Firm Invites Shareholders With Losses In Macy's, Inc. To Join A Securities Fraud Investigation
LOS ANGELES, CA / ACCESS Newswire / March 1, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc....
Macy's, Inc. Board of Directors Declares Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Board of Directors Declares Quarterly Dividend.
Macy's Signs a New 10-Year Rights Deal With NBCUniversal Expanding a Long-Standing Relationship
NEW YORK--(BUSINESS WIRE)--Macy's signs a new rights deal with NBCUniversal, for Macy's Thanksgiving Day Parade® and Macy's 4th of July Fireworks® on NBC, Peacock and Telemundo, marking a significant ...
Macy's, Inc. to Report Fourth Quarter and Fiscal Year 2024 Results on March 6, 2025
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Report Fourth Quarter and Fiscal Year 2024 Results on March 6, 2025.
Perion Reports Fourth Quarter and FY 2024 Results
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a leader in advanced technology solving for the complexities of modern advertising, today reported it...
Avolon Reports Full Year Net Income up 79% and Record Operating Cashflow
DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the full year, 2024. 2024 | FINANCIAL HIGHLIGHTS Income Statement (US$M) FY24 FY23 US$ Change % Change...
Macy's Celebrates Hotel Collection's 25th Anniversary, Bringing Luxury and Comfort to Everyday Living
NEW YORK--(BUSINESS WIRE)--Macy's celebrates the 25th anniversary of its iconic Hotel Collection, a lifestyle brand focused on bedding and bath, designed to bring the luxury and comfort of a boutique ...