Welcome to our dedicated page for Macy's news (Ticker: $M), a resource for investors and traders seeking the latest updates and insights on Macy's stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Macy's's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Macy's's position in the market.
Rhea-AI Summary
Big Brothers Big Sisters (BBBS) announces fundraising results from Macy's 2023 holiday campaign and grant awards, raising $4.3 million from Macy's customers and receiving $400k in grants. The multi-year partnership aims to expand the reach of BBBS' mentoring model, connecting more young people with transformative mentors and experiences. Macy's, Inc. launched its social purpose platform, Mission Every One, to drive positive societal change, directing over $125 million to nonprofit organizations aligned with the mission by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
Tags
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Rhea-AI Summary
Macy’s, Inc. received an unsolicited proposal from Arkhouse and Brigade to acquire all outstanding shares for $21.00 per share in cash, but the Board has determined that the proposal is not compelling enough. The Board remains open to opportunities to create shareholder value and will continue to act in the best interest of all shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
Tags
-
Rhea-AI Summary
Arkhouse Management Co. LP, along with its affiliates, has made a proposal to acquire Macy's, Inc. for $21.00 per share in cash, representing a 32.4% premium to the unaffected stock price and a 56.8% premium to the Company’s 30-day volume weighted adjusted stock price as of Nov. 30, 2023. The investor group is urging Macy’s to respond to their proposal and engage in substantive discussions. They have expressed confidence in their ability to raise the necessary funds for the transaction and are highly motivated to consummate the acquisition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
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Rhea-AI Summary
Macy's Inc. (M) offers a curated list of last-minute holiday gifts, from off-price to luxury, available on macys.com and the Macy's mobile app. The company also offers a wide range of gifts for every budget, from under $15 to luxury gifts, and provides a convenient shopping experience with multiple pickup options and loyalty rewards through its Star Rewards program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
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Rhea-AI Summary
Macy’s, Inc. (NYSE:M) appoints Tracy Preston as chief legal officer and corporate secretary, effective January 8, 2024. Tracy will report to Tony Spring, president and CEO-elect, Macy’s, Inc. She brings over three decades of experience in legal and compliance, having previously held similar roles at HanesBrands Inc. and Neiman Marcus Group. Tracy's responsibilities will include legal affairs, litigation, compliance, employment, real estate, credit, and regulatory matters, among others. She will also act as a legal advisor to the senior leadership and the board of directors. Tracy's expertise in aligning legal and risk mitigation approaches with business objectives and brand missions makes her a valuable addition to the Macy’s leadership team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
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Rhea-AI Summary
Macy’s, Inc. (M) announced the appointment of Sharon Otterman as its chief marketing officer. Sharon brings over 25 years of experience in marketing and brand transformation for Fortune 500 companies. She will lead strategic marketing, brand evolution, and customer engagement, overseeing Macy’s iconic experiences like the Thanksgiving Day Parade and July 4th Fireworks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
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Rhea-AI Summary
Macy’s, Inc. (NYSE: M) reported strong third-quarter results, with better-than-expected performance on both top and bottom lines. The company's gross margin rate increased by 160 basis points year-over-year, while merchandise inventories decreased by 6% year-over-year and 17% compared to 2019. Diluted EPS was $0.15, and Adjusted Diluted EPS was $0.21.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.71%
Tags
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Rhea-AI Summary
Macy's: Disney Products Expansion for Holiday Season Celebrating Disney's 100th Anniversary. Macy's has expanded its Disney products across all categories, offering an exclusive assortment of products to celebrate Disney's 100th Anniversary, including toys, jewelry, home, and exclusive products created for Macy's. The Disney collection is now available at Macy's stores nationwide, online at macys.com, and Macy's mobile app.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.22%
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Rhea-AI Summary
Macy's Black Friday deals and Early Access specials for the 2023 Holiday season offer incredible savings across all product categories, with top deals including 60-65% off coats, $19.99 and under for small appliances, 40-50% off boots and shoes, and many more. The press release also emphasizes hassle-free shopping, store hours, and convenient holiday shopping options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.01%
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Rhea-AI Summary
Bloomingdale's announces holiday programming including The Carousel @ Bloomingdale's: Wonka and window unveiling in partnership with Broadway Cares/Equity Fights AIDS. The Carousel @ Bloomingdale's: Wonka offers unique gifts inspired by the film. The window display at the flagship store will be themed around Wonka. Festive celebrations and performances will accompany the unveiling. Bloomingdale's will also have a Candy Café, Santaland, Breakfast with Santa, and Saturdays @ Bloomingdale's x Holiday Bash. The store offers impressive holiday gifts and fragrance fair events. A virtual store with a Willy Wonka theme and a scavenger hunt will be launched. Bloomingdale's will partner with No Kid Hungry, Child Mind Institute, and Broadway Cares/Equity Fights AIDS to raise funds and awareness for various causes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.9%
Tags
Macy's, Inc.
NYSE:M
M Rankings
M Stock Data
5.58B
272.18M
0.74%
89.51%
6.07%
Department Stores (except Discount Department Stores)
Retail Trade
United States of America
NEW YORK
About M
macy macy corp is a retail company based out of 1612 e 17th ave, denver, colorado, united states.