Macy's downgraded by Analyst with a new price target
$M
Department/Specialty Retail Stores
Consumer Discretionary
Analyst downgraded Macy's from Overweight to Neutral and set a new price target of $14.00 from $19.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/7/2025 | $17.00 → $15.00 | Market Perform | Telsey Advisory Group |
| 3/6/2025 | $19.00 → $14.00 | Overweight → Neutral | Analyst |
| 3/6/2025 | Accumulate → Hold | Gordon Haskett | |
| 2/13/2025 | Buy → Accumulate | Gordon Haskett | |
| 12/16/2024 | $20.00 | Hold → Buy | Gordon Haskett |
| 8/22/2024 | $21.00 → $17.00 | Market Perform | Telsey Advisory Group |
| 2/29/2024 | $23.00 → $20.00 | Outperform → Market Perform | TD Cowen |
| 2/28/2024 | $15.00 → $21.00 | Market Perform | Telsey Advisory Group |
Good American debuts at Macy's, reaching a new milestone in their retail expansion 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 the Spring 2025 season and will expand to a total of 79 doors starting in the Fall 2025. This partnership with Macy's is a significant moment for the brand, expanding its reach to millions of new customers across the country and enhancing accessibility to Good American's premium denim and wardrobe essentials. Macy's footprint nationwide offers the perfect platform for Good American to further solidify its presence in the retail space and c
Macy's, Inc. (NYSE:M) today reported financial results for the fourth quarter and fiscal year 2024 and provided fiscal year 2025 guidance. Highlights Achieved fourth quarter GAAP diluted earnings per share of $1.21; Adjusted diluted earnings per share of $1.80 exceeded the company's prior guidance range. Macy's, Inc. reported fourth quarter comparable sales down 1.1% on an owned basis; achieved its best owned-plus-licensed-plus-marketplace comparable sales since the first quarter of 2022, up 0.2%. Macy's First 50 locations delivered fourth consecutive quarter of comparable sales growth, up 0.8% on an owned basis and up 1.2% on an owned-plus-licensed basis. Bloomingdale's reported o
The board of directors of Macy's, Inc. (NYSE:M) today declared a regular quarterly dividend of 18.24 cents per share on Macy's, Inc.'s common stock, an increase of 5%, payable on April 1, 2025, to shareholders of record at the close of business on March 14, 2025. About Macy's, Inc. Macy's, Inc. (NYSE:M) is a trusted source for quality brands through our iconic nameplates – Macy's, Bloomingdale's and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit macysinc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/
4 - Macy's, Inc. (0000794367) (Issuer)
4 - Macy's, Inc. (0000794367) (Issuer)
4 - Macy's, Inc. (0000794367) (Issuer)
8-K - Macy's, Inc. (0000794367) (Filer)
8-K - Macy's, Inc. (0000794367) (Filer)
SCHEDULE 13G/A - Macy's, Inc. (0000794367) (Subject)
Telsey Advisory Group reiterated coverage of Macy's with a rating of Market Perform and set a new price target of $15.00 from $17.00 previously
Analyst downgraded Macy's from Overweight to Neutral and set a new price target of $14.00 from $19.00 previously
Gordon Haskett downgraded Macy's from Accumulate to Hold
SC 13G - Macy's, Inc. (0000794367) (Subject)
SC 13G/A - Macy's, Inc. (0000794367) (Subject)
SC 13G/A - Macy's, Inc. (0000794367) (Subject)
Macy's, Inc. (NYSE:M) today reported financial results for the fourth quarter and fiscal year 2024 and provided fiscal year 2025 guidance. Highlights Achieved fourth quarter GAAP diluted earnings per share of $1.21; Adjusted diluted earnings per share of $1.80 exceeded the company's prior guidance range. Macy's, Inc. reported fourth quarter comparable sales down 1.1% on an owned basis; achieved its best owned-plus-licensed-plus-marketplace comparable sales since the first quarter of 2022, up 0.2%. Macy's First 50 locations delivered fourth consecutive quarter of comparable sales growth, up 0.8% on an owned basis and up 1.2% on an owned-plus-licensed basis. Bloomingdale's reported o
The board of directors of Macy's, Inc. (NYSE:M) today declared a regular quarterly dividend of 18.24 cents per share on Macy's, Inc.'s common stock, an increase of 5%, payable on April 1, 2025, to shareholders of record at the close of business on March 14, 2025. About Macy's, Inc. Macy's, Inc. (NYSE:M) is a trusted source for quality brands through our iconic nameplates – Macy's, Bloomingdale's and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit macysinc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/
Macy's, Inc. (NYSE:M) will report its fourth quarter and fiscal year 2024 sales and earnings results on Thursday, March 6. The company will host a call and webcast with financial analysts and investors at 8:00 a.m. ET. The call will be hosted by Macy's, Inc.'s Chairman and Chief Executive Officer Tony Spring and Chief Operating Officer and Chief Financial Officer Adrian Mitchell. The general public and the media will be able to access the live webcast and associated presentation via the company's website at www.macysinc.com. To participate in the call, analysts and investors may call 1-877-407-0832. A replay of the conference call will be available on the company's website or by calling 1
Macy's, Inc. (NYSE:M) today announced the appointment of a new independent director, Robert Chavez, to its Board of Directors (the "Board"), effective April 1, 2025. Chavez has spent the entirety of his more than 45-year career in the retail industry, with a focus on the luxury space. He most recently served for 24 years as President and Chief Executive Officer of Hermès Americas, a division of Hermès International Société, where he oversaw operations in the U.S., Canada and Latin America, which included growing the e-commerce business, expanding product offerings and adding new stores to the brand's portfolio. Previously, he served for eight years as the Chief Executive Officer of Etienn
The newest Carousel @ Bloomingdale's offers shoppers a sentimental one-stop-shop for summer must-haves NEW YORK, April 11, 2024 /PRNewswire/ -- Bloomingdale's today announces the launch of its latest Carousel: Camp Bloomingdale's. The pop-up space will transform into the ultimate summer destination for all ages, complete with a wide assortment of multicategory must-haves including swimwear, accessories, beauty, food, beverage favorites, and so much more. For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.
Arkhouse Management Co. LP (together with its affiliates, "Arkhouse", "we" or "us"), which owns a significant stake in Macy's, Inc. ("Macy's" or the "Company") (NYSE:M), today issued the following statement regarding its settlement with the Company, including the appointment of its director nominees Richard (Ric) Clark and Richard (Rick) L. Markee to the Board of Directors (the "Board") of the Company and the Board's Finance Committee. The following is attributable to Gavriel Kahane and Jonathon Blackwell, Arkhouse Managing Partners. "Ric Clark and Rick Markee bring tremendous dealmaking experience to Macy's Board and will be instrumental in maximizing value for shareholders. As a result