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) generates a steady flow of news across its Macy’s, Bloomingdale’s and Bluemercury nameplates, reflecting its role in the department stores segment of the retail trade sector. Company updates typically cover financial results, merchandising initiatives, supply chain developments, collaborations and brand campaigns.
Investors following M news can expect regular earnings-related announcements. Macy’s, Inc. uses press releases and accompanying Form 8-K filings to report quarterly net sales, comparable sales performance, gross margin trends, selling, general and administrative expenses, and non-GAAP metrics such as adjusted EBITDA and adjusted diluted earnings per share. Guidance updates and commentary on strategies like the "Bold New Chapter" framework appear in these communications.
Beyond financial results, Macy’s, Inc. news highlights operational and infrastructure changes. For example, the company has announced the opening of an automated customer fulfillment and store replenishment center in China Grove, North Carolina, described as its largest and most technologically advanced facility, supporting omnichannel fulfillment and store replenishment for the Macy’s nameplate with plans to expand to additional nameplates.
Brand and merchandising news is also prominent. Macy’s releases describe seasonal events such as Black Friday Early Access, Parade of Deals and holiday promotions across categories including beauty, apparel, toys, home and jewelry. Bloomingdale’s news features campaigns like "Happy Together" and collaborations with partners such as Burberry and Warner Bros. Discovery, along with immersive Carousel pop-up shops, window displays and in-store experiences. These stories illustrate how Macy’s, Inc. uses partnerships, curated assortments and experiential retail to engage customers.
Corporate actions, such as quarterly dividend declarations and debt offerings by Macy’s Retail Holdings, LLC, are reported through Business Wire and SEC-linked announcements. For readers tracking Macy’s, Inc., the news stream offers insight into financial performance, capital structure decisions, operational investments and evolving retail experiences across its nameplates.
Macy’s, Inc. (NYSE: M) reported strong financial results for Q1 2022, achieving a diluted EPS of $0.98 and an adjusted diluted EPS of $1.08, up from $0.32 and $0.39 the previous year. Comparable sales rose 12.8% on an owned basis, with digital sales increasing 2% year-over-year. The company repurchased $600 million of shares and reaffirmed its annual sales guidance while raising earnings expectations. Strong performance was noted in luxury goods and occasion-based apparel, underlining resilience amid macroeconomic pressures.
Macy’s (NYSE: M) has joined Better Cotton to enhance its sustainability initiatives, aiming for 100% preferred materials in its exclusive brands by 2030. As part of this effort, Macy's customers raised nearly $1.5 million for Trust for Public Land's Community Schoolyards™ projects, which aim to improve community resilience to climate change. Additional partnerships include HERproject™ for women's empowerment and the Give Back Box Clothing Recycling Program to reduce waste. Macy's emphasizes providing ethically produced and environmentally responsible products.
Macy’s (NYSE: M) will report its first quarter 2022 sales and earnings results on May 26, 2022, at 8:00 a.m. EDT. A conference call will follow, accessible to analysts and investors by calling 1-800-458-4121 with passcode 8403658. A replay will be available two hours post-call. The general public can join via a live webcast on www.macysinc.com, where the presentation will also be posted. Macy’s, headquartered in New York City, provides quality brands through various nameplates, including Bloomingdale’s and Bluemercury.
Kohl’s Corporation (KSS) experienced a significant drop in share price, declining over 9% in a single day, which translates to a loss of hundreds of millions in market capitalization. Macellum Advisors, holding nearly 5% of Kohl’s shares, expressed concerns that continued value destruction could affect ongoing sale negotiations and potential offers. They urged shareholders to consider voting for nominees from both management and Macellum at the upcoming Annual Meeting. Notably, the California State Teachers’ Retirement System publicly supported all of Macellum’s nominees.
Macy’s enhances its The Workshop program for underrepresented brands, committing
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Macy’s, Inc. (NYSE: M) is set to open a new 1.4 million-square-foot fulfillment center in China Grove, North Carolina, in 2024, aiming to enhance its omnichannel business capabilities. The facility will employ nearly 2,800 workers and represents a $584 million investment. Once operational, it will account for approximately 30% of Macy’s digital supply chain capacity, featuring advanced automation technology for increased productivity. This initiative is part of a broader strategy to bolster Macy’s digital sales growth and strengthen its position as a leading omnichannel retailer.
Macy's, Inc. (NYSE: M) has appointed Marie Chandoha and Jill Granoff to its board of directors, effective April 1, 2022. Chandoha, with over 35 years in financial services, previously served as CEO of Charles Schwab Investment Management, while Granoff brings 30 years of experience in consumer-driven companies, notably at Eurazeo and Vince. These appointments aim to enhance the board's expertise aligning with the Polaris growth strategy to drive shareholder value and respond to evolving consumer needs.
Macy's has partnered with Colombian artist Maluma to launch an exclusive fashion collection called Royalty by Maluma. This collection is designed for both men and women, featuring versatile styles and sizes ranging from XS to XXL, with prices between
Macy’s (NYSE: M) announced that CFO Adrian Mitchell will participate in a fireside chat at J.P. Morgan’s 8th Annual Retail Round-Up on April 7, 2022, at 8:00 a.m. EDT. A live webcast will be accessible on the investor relations section of the Macy’s website, with a recording available post-event. Macy’s is a leading retailer, known for quality brands at great values, including its iconic nameplates like Macy’s, Bloomingdale’s, and Bluemercury, and operates a significant e-commerce business.
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