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Macys Inc - M STOCK NEWS

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) remains a cornerstone of American retail with its iconic department stores and evolving digital strategy. This news hub provides investors with centralized access to official announcements, financial disclosures, and market analyses related to the company's operations across its Macy's, Bloomingdale's, and Bluemercury brands.

Our curated collection enables efficient tracking of quarterly earnings reports, strategic partnerships, and leadership developments that impact Macy's market position. Users will find timely updates on store optimization initiatives, e-commerce enhancements, and brand collaborations that drive the company's multi-channel retail approach.

The repository includes verified press releases covering financial results, merchandising innovations, and corporate governance updates. For comprehensive market understanding, we aggregate coverage of Macy's responses to retail industry trends and consumer behavior shifts.

Bookmark this page for direct access to unfiltered operational updates from one of retail's most historic brands. Check regularly for new developments affecting Macy's competitive positioning in the evolving department store sector.

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Macy’s Flower Show featuring Christian Dior Parfums will enchant visitors with a vibrant floral experience at Macy’s Herald Square from March 24 to April 7, 2024. The show will showcase thousands of live flowers, plants, and trees, with an exclusive Miss Dior fragrance exhibition. Guests can shop for a unique product collection inspired by the show in-store and online.
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Macy's, Inc. (M) nominates Douglas W. Sesler, Founder of Fair Street Partners, for election to the Board of Directors. Sesler, a seasoned real estate executive, brings over 35 years of experience in real estate advisory and investing. He founded Fair Street Partners in 2021, focusing on real estate investments and development. Sesler's expertise will enhance the Board's real estate knowledge and help unlock shareholder value.
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Macy’s, Inc. (M) appoints Michael Krans as vice president of Macy’s Media Network to enhance advertising partnerships and engage customers. Krans brings over 20 years of sales and marketing experience to drive media campaigns and revenue growth.
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Macy's receives a proposal from Arkhouse Management and Brigade Capital to acquire all outstanding shares for $24.00 per share in cash. The Board will review the offer to create long-term value for shareholders.
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Arkhouse Management Co. LP, along with partner Brigade Capital Management, has proposed an increased all-cash acquisition of Macy's at $24.00 per share, representing a 51.3% premium to the company's share price on Nov. 30, 2023, and a 33.3% premium to the closing share price on March 1, 2024.
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Macy's, Inc. (NYSE: M) announces a new strategy 'A Bold New Chapter' to accelerate growth, focusing on strengthening the Macy's nameplate, accelerating luxury growth, and modernizing operations. The plan includes closing 150 underproductive locations, investing in 350 go-forward locations, expanding Bloomingdale's and Bluemercury stores, and monetizing assets. The strategy aims to drive sustainable, profitable growth and create shareholder value.
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Macy’s, Inc. reported a fourth-quarter diluted EPS of $(0.26) and adjusted diluted EPS of $2.45, with a gross margin rate of 37.5%. The company achieved full-year 2023 net sales guidance and exceeded adjusted earnings guidance. Macy’s ended the year with over $1 billion in cash on the balance sheet and generated $1.3 billion in operating cash flow. The company announced 'A Bold New Chapter' strategy to challenge the status quo, enhance customer experience, deliver growth, and unlock shareholder value.
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Macy's, Inc. (M) declares a 5% increase in quarterly dividend to 17.37 cents per share, payable on April 1, 2024, to shareholders of record on March 15, 2024.
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Macy’s, Inc. (NYSE: M) is set to release its fourth quarter and full-year 2023 sales and earnings results on February 27, 2024. The company will conduct a call and webcast with financial analysts and investors, led by CEO Tony Spring and CFO Adrian Mitchell. The live webcast will be accessible on the company's website, with details provided for participation and replay options.
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Macy’s, Inc. reiterates commitment to long-term value creation amidst director nominations and acquisition proposal. The Board and management emphasize expertise, openness to value creation opportunities, and strategic planning for shareholder value. The company evaluates options for growth and customer experience enhancement.
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Macys Inc

NYSE:M

M Rankings

M Stock Data

3.10B
276.48M
0.7%
84.58%
6.07%
Department Stores
Retail-department Stores
Link
United States
NEW YORK