Macy's Inc. (M)
Macy's (M) Declines More Than Market: Some Information for Investors
In the most recent trading session, Macy's (M) closed at $13.18, indicating a -0.68% shift from the previous trading day.
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 expectations due to gains on asset sales, though overall sales and margins have been pressured. The company plans to close 150 underperforming stores by next year, focusing on modernizing remaining locations and investing in Bloomingdale's and Bluemercury.
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 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 to focus on better-performing locations.
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 results released Thursday (March 6) reflect a retail landscape where resilience is the key due to uncertain external factors and cautious consumers.
Macy's Q4 Earnings Surpass Estimates, Gross Margin Declines Y/Y
M's fiscal fourth-quarter results reflect lower y/y revenues. The gross margin decline 80 basis points to 35.7% in the quarter.
Macy's Stock Hits 1-Year Low After Mixed Results
Retail stock Macy's Inc (NYSE:M) is down 1.9% at 13.05, earlier hitting a 52-week low of $12.60.
Macy's Stock Hits 1-Year Low After Mixed Results
Retail stock Macy's Inc (NYSE:M) is down 1.9% at 13.05, earlier hitting a 52-week low of $12.60.
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 Officer Adrian Mitchell - Chief Operating Officer & Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan Brooke Roach - Goldman Sachs Ashley Helgans - Jefferies Oliver Chen - TD Cowen Dana Telsey - Telsey Advisory Group Tracy Kogan - Citigroup Operator Greetings, and welcome to the Macy's, Inc. Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Macy's (M) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Macy's (M) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Macy's (M) Q4 Earnings Surpass Estimates
Macy's (M) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $2.45 per share a year ago.
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.
