Macy's, Inc. (M)
| Market Cap | 3.99B |
| Revenue (ttm) | 23.37B |
| Net Income (ttm) | 172.00M |
| Shares Out | 277.64M |
| EPS (ttm) | 0.61 |
| PE Ratio | 23.40 |
| Forward PE | 6.50 |
| Dividend | $0.70 (4.84%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 8,307,934 |
| Open | 14.06 |
| Previous Close | 13.99 |
| Day's Range | 14.06 - 14.59 |
| 52-Week Range | 13.66 - 22.10 |
| Beta | 2.11 |
| Analysts | Hold |
| Price Target | 17.78 (+23.64%) |
| Earnings Date | Feb 25, 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 2023, Macy's's revenue was $23.87 billion, a decrease of -6.22% compared to the previous year's $25.45 billion. Earnings were $105.00 million, a decrease of -91.08%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for M stock is "Hold." The 12-month stock price forecast is $17.78, which is an increase of 23.64% from the latest price.
News
Macy's, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESS Newswire / January 21, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, I...
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's, Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESS Newswire / January 20, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, I...
Retailers face mixed holiday season: Target and A&F excel, Macy's and Kohl's lag behind
American shoppers surprised industry watchers during the 2024 holiday season, with retail sales rising 4% compared to the previous year, according to Commerce Department data. This growth was driven b...
Macy's, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESS Newswire / January 19, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, I...
Macy's wants Bloomingdale's, Bluemercury to stay put
Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand portfolio has more value than what it's showing today.
Macy's Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
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" or "the Company") (NYSE:M) for violations...
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's Inc. For Securities Law Violations
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" or "the Company") (NYSE:M) for violations...
Watch These Macy's Price Levels as Stock Slumps on Soft Sales Guidance
Macy's (M) shares could in remain in focus on Tuesday after the struggling department store said yesterday that it sees holiday quarter sales coming in slightly below its earlier expectations, weighed...
Macy's, Inc. (M) CEO Tony Spring Hosts 2025 ICR Conference (Transcript)
Macy's, Inc. (NYSE:M) 2025 ICR Conference January 14, 2025 8:00 AM ET Company Participants Tony Spring - Chairman & CEO Adrian Mitchell - COO & CFO Conference Call Participants Matthew Boss - JPMorga...
Retail Stocks Drop Amid Investors' Concerns Over Ability to Post Growth in 2025
Shares of retail stocks sank after companies including Abercrombie & Fitch, Macy's and Urban Outfitters provided updates on their holiday performance and outlooks that disappointed investors for the y...
Macy's, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
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" or "the Company") (NYSE:M) for violations...
Macy's Stock Sinks as It Warns Underperforming Stores Will Hurt Results
Macy's (M) shares tumbled nearly 7% Monday morning when the biggest U.S. department store chain warned fourth-quarter results would be negatively impacted by underperforming locations.
Macy's stock slides as retailer warns Q4 sales could be weaker than expected
Macy's gave its fourth-quarter update just days after announcing a slate of store closures.
Macy's Stock Falls as Holiday Sales Update Disappoints
The company provided investors with an update ahead of its fireside chat at the ICR Conference, scheduled for Tuesday morning. It will report full results for the quarter in early March.
Macy's expects holiday-quarter sales below prior expectation
Macy's said on Monday it expects fourth-quarter net sales to be slightly below the low-end of the previously issued range of $7.8 billion to $8.0 billion.
Macy's, Inc. Provides Fourth Quarter 2024 Update
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Provides Fourth Quarter 2024 Update.
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's Inc For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / January 12, 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 Is Closing Underperforming Stores as Its Turnaround Attempt Continues
Macy's (M) released a list of dozens of "underperforming stores" it plans to close as part of a multi-year turnaround campaign, including its Philadelphia City Center and Downtown Brooklyn locations.
Macy's is closing 66 stores. Here's where they're located
Macy's on Thursday named 66 stores it plans to shutter this year through its "Bold New Chapter" initiative. The locations are spread across 22 states.
Macy's Announces First 66 ‘Underproductive Stores' It Will Close
Macy's said Thursday (Jan. 9) that it will close 66 store locations as part of the Bold New Chapter strategy it announced in February. These are among the 150 “underproductive stores” the retailer sai...
Macy's shutting dozens of stores as part of new strategy following lackluster 2024
The store closings come months after the company announced it would be shutting 150 "underproductive" stores over the course of three years.
Is a Macy's near you closing? Beleaguered department store is closing 66 locations this year.
Macy's Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its bu...
Department store operator Macy's to close certain stores across US
Department store operator Macy's said on Thursday it will close 66 "non-go-forward" store locations as part of a strategy it announced last year.
Macy's, Inc. Confirms Planned Macy's Store Closures
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Confirms Planned Macy's Store Closures.
Macy's Appoints Former Hermès Americas CEO To The Board. Will It Matter?
Macy's Inc. just announced the appointment of Robert Chavez, former Hermès Americas CEO, to the board of directors. He joins a board that has experienced considerable upheaval in the past year, guidin...