MACYS overview

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-date 1 comparable sales 2 growth, with Macy’s First 50 locations and luxury nameplates Bloomingdale’s and Bluemercury all continuing their trend of positive comparable sales 2 . Macy’s digital channel also achieved comparable sales 2 growth for the period 1 . Macy’s, Inc. comparable sales 2 were roughly flat quarter-to-date 1 with...

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...

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...

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...

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Macy’s, Inc. (the “Company”) (NYSE: M). On November 25, 2024, the Company announced that it was delaying the release of its third-quarter 2024 earnings pending its forensic investigation into a single employee's concealment of more than $130 million in expenses over the course of three years and expected to...

MACY'S INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Macy's, Inc. - M PR Newswire NEW ORLEANS, Dec. 20, 2024 NEW ORLEANS , Dec. 20, 2024 /PRNewswire/ -- Former Attorney General of Louisiana , Charles C. Foti, Jr., Esq. , a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Macy's, Inc. (the "Company") (NYSE: M). On November 25, 2024 , the Company...

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...

Rosen Law Firm Encourages Macy's, Inc. Investors to Inquire About Securities Class Action Investigation - M PR Newswire NEW YORK, Dec. 10, 2024 NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Macy's, Inc. (NYSE: M) resulting from allegations that Macy's may have issued materially misleading business information to the investing public. So What: If you purchased...