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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)
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
As previously disclosed, the 66 Macy's locations will close as part of the company's Bold New Chapter strategy Macy's Inc. (NYSE:M) today confirmed the closure of 66 Macy's non-go-forward store locations. These closures are a part of the Bold New Chapter strategy, which was announced in February 2024. This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy's locations through fiscal 2026. The list of 66 closing Macy's locations can be found here. People have endless options when it comes to where and how they shop. Macy's custome
Macy's, Inc. (NYSE:M) Tony Spring, chairman and chief executive officer, Adrian Mitchell, chief operating officer and chief financial officer, and Nata Dvir, Macy's chief merchandising officer, will be participating in the 2025 ICR Conference in Orlando, FL. The company is scheduled to participate in a fireside chat at 8 a.m. ET on Tuesday, January 14, 2025. A live webcast of the fireside chat will be available on the investor relations section of the Macy's, Inc. website at www.macysinc.com/investors. A recording of the webcast will be available on the website for 90 days following the event. About Macy's, Inc. Macy's, Inc. (NYSE:M) is a trusted source for quality brands through our
8-K - Macy's, Inc. (0000794367) (Filer)
10-Q - Macy's, Inc. (0000794367) (Filer)
8-K - Macy's, Inc. (0000794367) (Filer)
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
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 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
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