Macys (M) Stock News

Macy's (M) will present its 49th annual 4th of July Fireworks celebration in 2025, featuring over 80,000 shells and 30 colors launched from the Brooklyn Bridge and four barges on the East River. The 25-minute spectacle will include first-ever large-scale projection mapping on the Brooklyn Bridge towers. Academy Award-winner Ariana DeBose will host the event, featuring performances by Jonas Brothers, Eric Church, Lenny Kravitz, Ava Max, Keke Palmer, and Trisha Yearwood. The musical score will be produced by Questlove and James Poyser. The show will be broadcast nationwide on NBC and Peacock from 8:00-10:00 p.m. ET, with Spanish simulcast on Telemundo. Public viewing will be available along the lower East River, with details and a ticket lottery to be announced.

The Couture Council of The Museum at FIT (MFIT) will honor Olivier Rousteing, creative director of Balmain, with the 2025 Couture Council Award for Artistry of Fashion. The award ceremony will take place during the annual luncheon on September 3, 2025, at Lincoln Center in New York City. Rousteing, who became one of the youngest creative directors of a Parisian fashion house at age 25 in 2011, has spent over a decade building upon Pierre Balmain's legacy while creating his own modern and inclusive "New French Style." The event, sponsored by Bloomingdale's, marks the beginning of New York Fashion Week, with proceeds benefiting The Museum at FIT. Tickets range from $2,000 for single tickets to $50,000 for premium table seating.

Macy's (M) has announced the return of its iconic 4th of July Fireworks celebration for its 49th edition, set to take place at the Brooklyn Bridge and East River in New York City. The display will feature pyrotechnics launched from the Brooklyn Bridge and four barges positioned in the East River's Seaport District. As the nation's largest Independence Day celebration, the event will be synchronized to an original curated musical score. The spectacle, which has been a Macy's tradition since 1976, will be viewable from any location with an unobstructed view of the lower East River. Mayor Adams highlighted the event's significance in boosting the local economy and attracting millions of visitors. Public viewing details and a City-sponsored lottery for free viewing tickets will be announced in the coming weeks, with the show approaching its 50th anniversary in 2026.

Macy's (NYSE: M) reported Q1 2025 results with net sales of $4.6 billion, exceeding guidance despite a 5.1% decrease. The company posted GAAP diluted EPS of $0.13 and adjusted EPS of $0.16. Comparable sales declined 2.0% on an owned basis and 1.2% on owned-plus-licensed-plus-marketplace basis. Notably, Bloomingdale's and Bluemercury showed positive performance, with comparable sales growth of 3.8% and 1.5% respectively. The company returned $152 million to shareholders through dividends ($51M) and share repurchases ($101M). However, Macy's revised its 2025 guidance downward, reducing adjusted EPS forecast to $1.60-$2.00 from $2.05-$2.25, citing tariffs, moderated consumer spending, and increased competition. The company maintained its annual net sales guidance of $21.0-21.4 billion.

Macy's (NYSE: M) has announced a quarterly dividend payment of 18.24 cents per share on its common stock. The dividend will be paid on July 1, 2025, to shareholders who are recorded as owners of Macy's stock at the close of business on June 13, 2025. This regular quarterly dividend declaration by the board of directors demonstrates the company's continued commitment to providing returns to its shareholders.

Macy's (NYSE: M) has announced it will release its first quarter 2025 financial results on Wednesday, May 28, 2025. The company will host an earnings conference call and webcast at 8:00 a.m. ET featuring Chairman and CEO Tony Spring and COO/CFO Adrian Mitchell.

The earnings call will be accessible to the public and media through Macy's website. Financial analysts and investors can participate by calling 1-877-407-0832. A replay will be available on the company website and via phone at 1-877-660-6853 using passcode 13753217.

Macy's (M) has announced its 2025 Flower Show at Herald Square, marking the event's 50th anniversary. The show, running from April 27 to May 18, features YSL Beauty as the starring partner and will expand to three full weeks for the first time.

The event includes new partnerships with The Bouqs Co., Holland America Line, and LEGO®. Macy's expects to welcome more than one million customers to experience the 'Surrealist Gardens' themed show, which will feature immersive floral displays and exclusive product collections.

The company is introducing its first-ever Macy's Bouquet of Deals, offering daily specials throughout the show's duration on macys.com and the Macy's app. The event will include nationwide celebrations with pop-up shops in select stores featuring -edition floral products and custom bouquet stations, launching May 10th in time for Mother's Day.

Macy's (NYSE: M) announced key leadership changes to advance its 'Bold New Chapter' strategy. Thomas J. Edwards will become Chief Operating Officer and Chief Financial Officer effective June 22nd, replacing Adrian Mitchell. Edwards brings nearly 40 years of retail, consumer goods, and hospitality experience, most recently serving as CFO and COO at Capri Holdings

Other organizational changes include Barbie Cameron, Chief Stores Officer, reporting directly to CEO Tony Spring, and Maly Bernstein, CEO of Bluemercury, reporting to Bloomingdale's CEO Olivier Bron. The company reaffirmed its Q1 2025 guidance previously provided on March 6, 2025.

Macy's (M) has secured exclusive rights to adapt Julie Satow's bestselling novel 'When Women Ran Fifth Avenue' into a television series. The non-fiction book chronicles the pioneering women who shaped iconic American department stores, including Margaret Getchell, a transformative Macy's executive from the 19th century.

The deal, led by Macy's CMO Sharon Otterman, was acquired through competitive bidding. The company is currently seeking a showrunner and casting for lead roles. This entertainment venture builds upon Macy's established success in content creation, highlighted by their Thanksgiving Day Parade and 4th of July Fireworks, which achieved record viewership in 2024 with 31.7 million and 7.6 million viewers respectively.

Additionally, Macy's has secured a new 10-year rights agreement with NBCUniversal for broadcasting these flagship events across NBC, Peacock, and Telemundo platforms, demonstrating their commitment to expanding their entertainment portfolio.