Macy's downgraded by Gordon Haskett with a new price target
$M
Department/Specialty Retail Stores
Consumer Discretionary
Gordon Haskett downgraded Macy's from Buy to Hold and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 2/2/2024 | $14.00 → $18.00 | Sell → Neutral | Citigroup |
| 12/12/2023 | $14.00 | Neutral → Sell | Citigroup |
| 11/7/2023 | $13.00 | In-line | Evercore ISI |
| 9/27/2023 | $13.00 | Buy → Hold | Gordon Haskett |
4 - Macy's, Inc. (0000794367) (Issuer)
4 - Macy's, Inc. (0000794367) (Issuer)
4 - Macy's, Inc. (0000794367) (Issuer)
Gordon Haskett upgraded Macy's from Hold to Buy and set a new price target of $20.00
Telsey Advisory Group reiterated coverage of Macy's with a rating of Market Perform and set a new price target of $17.00 from $21.00 previously
TD Cowen downgraded Macy's from Outperform to Market Perform and set a new price target of $20.00 from $23.00 previously
Macy's, Inc. (NYSE:M) today reported financial results for the third quarter of 2024 that are consistent with its previously announced preliminary results, and also updated its annual guidance. These financial results and outlook reflect revisions to properly reflect previously misstated delivery expense, the related accrual and tax effects. Third Quarter Highlights The company confirms no material impact or restatements to previously filed financial statements following completion of delivery expense related investigation. GAAP diluted earnings per share of $0.10; Adjusted diluted earnings per share of $0.04 exceeded the company's prior guidance. Macy's First 50 locations delive
Macy's, Inc. (NYSE:M) will report its third quarter 2024 sales and earnings results on Wednesday, December 11, 2024. The company will host a call and webcast with financial analysts and investors at 8:00 a.m. EST. 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 1-87
Macy's, Inc. (NYSE:M) today issued the below statement following the press release and presentation issued by Barington Capital Group, L.P. ("Barington") and Thor Equities LLC ("Thor"): The Macy's, Inc. Board of Directors and management team are committed to delivering sustainable, profitable growth and driving shareholder value. We have consistently demonstrated open-mindedness, including with respect to regularly reviewing the Company's strategy and capital allocation framework and exploring all paths to enhance value. We remain confident in our Bold New Chapter strategy, which continues to gain traction across all three of its pillars, and we expect to share further details regarding
Bloomingdale's announces exclusive AQUA collection inspired by the HBO Original Series, The White Lotus. NEW YORK, Jan. 27, 2025 /PRNewswire/ -- Bloomingdale's announces The White Lotus x AQUA, an exclusive collection in partnership with Warner Bros. Discovery Global Consumer Products. To help celebrate the highly anticipated third season of the HBO Original Series, The White Lotus, which takes an all-star cast to the stunning landscapes of Thailand, this collaboration features a curated AQUA collection with an array of products reflecting the bold aesthetic of this season. L
The carousel space will be transformed into a pop-up market, bringing California's Flamingo Estate to New York. NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Bloomingdale's announces The Carousel @ Bloomingdale's: Flamingo Estate, bringing the feeling and inspiration from Richard Christiansen's home and garden to life with a pop-up market. The carousel, available at the 59th Street flagship store and online, will feature the very best of Mother Nature, with garden-grown signature goods from the farms and orchards of California's picturesque Flamingo Estate. Flamingo Estate is Richar
Macy's, Inc. (NYSE:M) today provided an update on its fiscal fourth quarter 2024 results and outlook. Macy's, Inc. go-forward business achieved quarter-to-date1 comparable sales2 growth, with Macy's First 50 locations and luxury nameplates Bloomingdale's and Bluemercury all continuing their trend of positive comparable sales2. Macy's digital channel also achieved comparable sales2 growth for the period1. Macy's, Inc. comparable sales2 were roughly flat quarter-to-date1 with Macy's non-First 50 locations, inclusive of non-go-forward locations, performing below expectations and generating negative comparable sales2. The company expects fourth quarter 2024 adjusted diluted earnings per s
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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
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8-K - Macy's, Inc. (0000794367) (Filer)
10-Q - Macy's, Inc. (0000794367) (Filer)