Footwear,
Fashion,
Cosmetics,
Retail,
Jewelry,
Home Goods,
Department Stores,
Comparable,
Credit,
Investment,
Traction,
Delinquent,
Video game Macy’s, Inc. (NYSE: M) today reported financial results for the first quarter of 2024 and updated its annual guidance.
Key Points:
- Macy’s, Inc. (NYSE: M) today reported financial results for the first quarter of 2024 and updated its annual guidance.
- Compares to diluted earnings per share of $0.56 and Adjusted diluted earnings per share of $0.56 in the first quarter of 2023.
- Gross margin rate for the quarter was 39.2%, down from 40.0% in the first quarter of 2023.
- The full updated outlook for 2024, presented on a 52-week basis, can be found in the presentation posted to macysinc.com/investors.
Online Retail,
Other Retail,
Luxury,
Jewelry,
Department Stores,
Consumer,
Catalog,
Fashion,
Cosmetics,
Retail,
Other Consumer,
Footwear,
Macy's The board of directors of Macy's, Inc. (NYSE: M) today declared its regular quarterly dividend of 17.37 cents per share on Macy's, Inc.’s common stock, payable July 1, 2024, to shareholders of record at the close of business on June 14, 2024.
Key Points:
The board of directors of Macy's, Inc. (NYSE: M) today declared its regular quarterly dividend of 17.37 cents per share on Macy's, Inc.’s common stock, payable July 1, 2024, to shareholders of record at the close of business on June 14, 2024.
Macy’s, Inc. (NYSE: M) will report its first quarter 2024 sales and earnings results on Tuesday, May 21, 2024.
Key Points:
- Macy’s, Inc. (NYSE: M) will report its first quarter 2024 sales and earnings results on Tuesday, May 21, 2024.
- The company will host a call and webcast with financial analysts and investors at 8:00 a.m. EDT.
- The call will be hosted by Macy’s, Inc.’s Chairman and Chief Executive Officer Tony Spring and Chief Operating Officer and Chief Financial Officer Adrian Mitchell.
- To participate in the call, analysts and investors may call 1-877-407-0832.
Retail,
Manufacturing,
University,
Footwear,
Education,
Women,
Philanthropy,
Online Retail,
Luxury,
Men,
Department Stores,
Fund Raising,
Textiles,
African American,
Consumer,
Fashion,
Theta,
Kasper,
Delta Sigma,
Phi Beta Sigma,
Partnership,
Divinity,
Papal conclave,
Collection,
Research,
Macy's,
History,
National Pan-Hellenic Council,
Vice,
Sigma Gamma Rho,
Multimedia,
Workshop,
Omega Psi Phi,
Brotherhood,
Organization,
NPHC,
3D printing In recognition and celebration of the legacy and impact of the five historically Black-founded fraternities of the National Pan-Hellenic Council (NPHC) known as The Divine Nine®, Macy’s has developed an exclusive and versatile product collection.
Key Points:
- In recognition and celebration of the legacy and impact of the five historically Black-founded fraternities of the National Pan-Hellenic Council (NPHC) known as The Divine Nine®, Macy’s has developed an exclusive and versatile product collection.
- With prices starting at $49, product will be exclusively available online at macys.com and in-store at select locations, with all pieces available by July 2024.
- This new menswear collection compliments the Sorority collection, which launched in 2022 with The Kasper Group offering customers an evolving product assortment for signature events and conferences.
- The assortment was created in partnership with Tayion Collection®, founded and designed by Montee Holland, a graduate of The Workshop at Macy’s and S.P.U.R.
Luxury,
Department Stores,
Entertainment,
Other Entertainment,
TV and Radio,
Fashion,
Footwear,
Retail,
Online Retail,
Multimedia,
Hudson River,
Light,
NBC,
Travel,
Pyro Spectaculars,
Sound,
Fireworks On Thursday, July 4th, Macy’s will launch the annual Macy’s 4th of July Fireworks spectacle across the Hudson River, illuminating the New York City skyline through dazzling displays and pyrotechnics.
Key Points:
- On Thursday, July 4th, Macy’s will launch the annual Macy’s 4th of July Fireworks spectacle across the Hudson River, illuminating the New York City skyline through dazzling displays and pyrotechnics.
- Marking the nation’s largest Independence Day celebration, the display will offer a showstopping and high-flying salute to the nation,” said Will Coss, Executive Producer of Macy’s 4th of July Fireworks.
- “Every year, Macy’s illuminates the city’s skyline to commemorate Independence Day driving our city’s economy and supporting local businesses.
- “For the first time in recent years, Macy’s 4th of July Fireworks will light up our sky above the Hudson River.
Retrieved on:
Wednesday, April 10, 2024
The following is attributable to Gavriel Kahane and Jonathon Blackwell, Arkhouse Managing Partners.
Key Points:
- The following is attributable to Gavriel Kahane and Jonathon Blackwell, Arkhouse Managing Partners.
- “Ric Clark and Rick Markee bring tremendous dealmaking experience to Macy’s Board and will be instrumental in maximizing value for shareholders.
- As a result of our efforts, our buyer group has begun receiving due diligence to progress discussions toward a potential transaction to acquire the Company.
- Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel to the buyer group and Jefferies Group LLC is serving as financial advisor to the buyer group.
Retrieved on:
Wednesday, April 10, 2024
Macy’s, Inc. (NYSE: M) today announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the “Board”), effective immediately.
Key Points:
- Macy’s, Inc. (NYSE: M) today announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the “Board”), effective immediately.
- The appointments of Clark and Markee follow the Board’s engagement with Arkhouse Management Co. LP (“Arkhouse”), resulting in the withdrawal of its director nominations.
- These changes follow the planned retirements of Jeff Gennette and Frank Blake from the Macy’s, Inc. Board.
- Following today’s Board appointments and retirements, the Macy’s, Inc. Board comprises 15 directors, 14 of whom are independent.
Mall,
Summer camp,
Woman,
Carousel,
Westfield Fashion Square,
Collection,
AQUA,
Bloomingdale's,
Old Orchard, Pennsylvania,
Bow,
Customization,
Food,
Beauty,
Department store NEW YORK, April 11, 2024 /PRNewswire/ -- Bloomingdale's today announces the launch of its latest Carousel: Camp Bloomingdale's. The pop-up space will transform into the ultimate summer destination for all ages, complete with a wide assortment of multicategory must-haves including swimwear, accessories, beauty, food, beverage favorites, and so much more. For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.
Key Points:
- For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.
- From Coleman, shoppers can purchase outdoor necessities such as the 1900 Collection 3-1 stove, reunion coolers, iconic lanterns, and foldable chairs for adults and kids alike.
- Limited edition Camp Bloomingdale's merchandise including fanny-packs, mugs, s'mores kits, flashlights and socks will also be available for purchase both in-store and online.
- Camp Bloomingdale's officially launches online and in select Bloomingdale's locations on April 11th.
Footwear,
Fashion,
Online Retail,
Cosmetics,
Retail,
Luxury,
Department Stores,
Macy's,
Miss Dior,
Garden,
Perfume,
Category:Flower shows,
Christian Dior,
Femininity,
History,
Parfums Christian Dior,
Sculpture,
Plant,
Monsieur,
Exhibition,
Multimedia,
Tree,
Grasse,
Tune “As we celebrate the start of the spring season, thousands of unique flowers, plants, and trees will bloom throughout the store in unison.
Key Points:
- “As we celebrate the start of the spring season, thousands of unique flowers, plants, and trees will bloom throughout the store in unison.
- From a variety of landscapes and climates, the Macy’s Flower Show provides visitors with a one-of-a-kind opportunity to experience these florals blossoming in unison.
- For further information on the Miss Dior: From Flower to Fragrance Macy’s Flower Show experience and pop-up, please visit macys.com .
- For additional information about the 2024 Macy’s Flower Show, including a listing of Christian Dior Parfums special events, please visit macys.com/flowershow .
Other Retail,
Commercial Building & Real Estate,
Construction & Property,
REIT,
Luxury,
Professional Services,
Department Stores,
Fashion,
Asset Management,
Retail,
Finance,
Citigroup,
Real estate,
Growth,
Knowledge,
Bank,
Annual general meeting,
Head,
Investment,
Chemical Bank,
BofA Securities,
Management Macy’s, Inc. (NYSE: M) today announced the nomination of Douglas W. Sesler, Founder and President of Fair Street Partners, to stand for election to the Company’s Board of Directors (the “Board”) at the 2024 Annual Meeting of Shareholders (the “Annual Meeting”).
Key Points:
- Macy’s, Inc. (NYSE: M) today announced the nomination of Douglas W. Sesler, Founder and President of Fair Street Partners, to stand for election to the Company’s Board of Directors (the “Board”) at the 2024 Annual Meeting of Shareholders (the “Annual Meeting”).
- Sesler is a seasoned real estate industry executive with more than 35 years of experience across real estate advisory, investing and finance.
- Blake has chaired the Board’s Compensation and Management Development Committee and has served as Chair of the Board’s Finance Committee since 2021.
- We are confident his perspectives will be an asset as the company continues its efforts to deliver sustainable, profitable growth.”
