Welcome to our dedicated page for Macys news (Ticker: M), a resource for investors and traders seeking the latest updates and insights on Macys stock.
Macy's Inc (NYSE: M) remains a cornerstone of American retail with its iconic department stores and evolving digital strategy. This news hub provides investors with centralized access to official announcements, financial disclosures, and market analyses related to the company's operations across its Macy's, Bloomingdale's, and Bluemercury brands.
Our curated collection enables efficient tracking of quarterly earnings reports, strategic partnerships, and leadership developments that impact Macy's market position. Users will find timely updates on store optimization initiatives, e-commerce enhancements, and brand collaborations that drive the company's multi-channel retail approach.
The repository includes verified press releases covering financial results, merchandising innovations, and corporate governance updates. For comprehensive market understanding, we aggregate coverage of Macy's responses to retail industry trends and consumer behavior shifts.
Bookmark this page for direct access to unfiltered operational updates from one of retail's most historic brands. Check regularly for new developments affecting Macy's competitive positioning in the evolving department store sector.
Macy’s, Inc. (NYSE: M) released its third-quarter 2022 financial results, reporting net sales of $5.2 billion, down 3.9% year-over-year. Diluted EPS was $0.39, and adjusted diluted EPS was $0.52. Comparable sales decreased by 3.1% on an owned basis, with digital sales down 9%. The company reaffirmed its annual sales guidance while raising adjusted EPS guidance to $4.07 - $4.27 due to better credit card revenue expectations. Strong financial health is highlighted by an improved balance sheet and appropriate inventory levels, positioning Macy’s for the holiday season.
Boll & Branch has partnered with Bloomingdale's to introduce their luxury bedding collection, known for its sustainability and craftsmanship. The collaboration aligns with Bloomingdale's 150th anniversary and the 'b the change' initiative. Products like sheet sets and the Boll & Branch Reserve Collection, made from rare organic cotton, will be available in-store and online. The launch started on November 4, 2022, in New York City, with further expansions planned. CEO Scott Tannen emphasized the commitment to social impact and sustainability.
Macy's, Inc. has launched S.P.U.R. Pathways: Shared Purpose, Unlimited Reach, a transformative funding program aimed at enhancing entrepreneurial growth and bridging wealth gaps for underrepresented businesses. With an initial commitment of
Macy's has announced a multi-year partnership with Big Brothers Big Sisters of America (BBBSA) to empower youth through mentorship. This initiative is part of Macy's broader social purpose platform, Mission Every One. Starting November 1 through December 24, customers can contribute by donating online or rounding up in-store purchases. Funds raised will support BBBSA's mentoring model, reaching more young people across the nation. The partnership aims to enhance youth representation and equity, while Macy's will promote the mission during the holiday season.
Macy’s (NYSE: M) will announce its third quarter 2022 sales and earnings on November 17, 2022, with a conference call at 8:00 a.m. ET. The event will be accessible via a live webcast on the company’s website, www.macysinc.com, where the presentation will also be available. Analysts can join the call by dialing 1-866-580-3963 (passcode: 2252807). A replay will be available two hours post-call. Macy’s continues to provide quality brands and a seamless shopping experience across various platforms.
The board of directors of Macy's declared a quarterly dividend of 15.75 cents per share on its common stock. This dividend is payable on January 3, 2023, to shareholders of record as of December 15, 2022. Macy's continues to serve as a trusted source for quality brands while operating one of retail’s largest e-commerce platforms.
Macy's announces its holiday shopping season with Black Friday early access deals from November 7 and exclusive sales from November 20 to 26. The retailer emphasizes ease of shopping through its website, app, and in-store options. Major discounts include 75% off fine jewelry and 60% off toys. Macy's will close on Thanksgiving Day and reopen for Black Friday at 6 a.m. on November 25. The company also offers flexible payment options and personal stylist services to enhance the shopping experience.
Bloomingdale's has officially launched its holiday season campaign, titled Best Holiday Ever, celebrating its 150th anniversary. Starting with a window display unveiling on November 17, the flagship store will showcase festive elements and host a performance by Billy Porter. Various in-store and digital events will include breakfast with Santa, exclusive shopping experiences, and collaborations with notable figures like Ayesha Curry. The campaign also supports charitable efforts, partnering with organizations like No Kid Hungry and the Child Mind Institute.
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