OverviewSuggest Edit

Macy's is a global retail company that sells apparel, accessories, cosmetics, home furnishings, and other consumer goods. It operates department and specialty stores, websites, and mobile applications under three brands: Macy's, Bloomingdale's, and Bluemercury.
TypePublic
Founded1858
HQNew York, NY, US
Websitemacys.com
Overall CultureC-

Latest Updates

Employees (est.) (Feb 2020)123,000(-5%)
Job Openings7,058
Revenue (FY, 2019)$24.6 B(-1%)
Share Price (May 2021)$17.7(-1%)
Cybersecurity ratingBMore

Key People/Management at Macy's

Jeff Gennette

Jeff Gennette

Chairman & Chief Executive Officer
Adrian V. Mitchell

Adrian V. Mitchell

Chief Financial Officer
Matt Baer

Matt Baer

Chief Digital Officer
Bobby Amirshahi

Bobby Amirshahi

Senior Vice President, Corporate Communications
Elisa D. Garcia

Elisa D. Garcia

Chief Legal Officer and Secretary
John Harper

John Harper

Chief Operations Officer
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Macy's Office Locations

Macy's has offices in New York, Cincinnati, Duluth, Mason and in 2 other locations
New York, NY, US (HQ)
151 W 34th St
Cincinnati, OH, US
7 W 7th St
Duluth, GA, US
5985 State Bridge Rd
Mason, OH, US
9111 Duke Blvd
New York, NY, US
1000 3rd Ave
New York, NY, US
11 Pennsylvania Plaza
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Macy's Financials and Metrics

Macy's Revenue

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Macy's's revenue was reported to be $24.56 b in FY, 2019 which is a 1.6% decrease from the previous period.
USD

Revenue (FY, 2019)

24.6b

Revenue growth (FY, 2019 - FY, 2019), %

(1.6%)

Gross profit (FY, 2019)

9.4b

Gross profit margin (FY, 2019), %

38.2%

Net income (FY, 2019)

564.0m

EBIT (FY, 2019)

970.0m

Market capitalization (7-May-2021)

5.5b

Closing stock price (7-May-2021)

17.7

Cash (1-Feb-2020)

685.0m

EV

9.0b
Macy's's current market capitalization is $5.5 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

25.8b24.8b25.0b24.6b

Revenue growth, %

(5%)(4%)1%(2%)

Cost of goods sold

15.6b15.2b15.2b15.2b

Gross profit

10.2b9.7b9.8b9.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

5.3b5.6b5.3b5.5b5.6b5.4b5.5b5.5b5.2b

Cost of goods sold

3.3b3.3b3.2b3.4b3.3b3.2b3.4b3.4b3.1b

Gross profit

2.0b2.2b2.1b2.2b2.3b2.2b2.1b2.2b2.1b

Gross profit Margin, %

38%40%40%39%40%40%38%39%40%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.3b1.5b1.2b685.0m

Accounts Receivable

522.0m363.0m400.0m409.0m

Prepaid Expenses

408.0m448.0m620.0m528.0m

Inventories

5.4b5.2b5.3b5.2b
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

611.0m1.5b1.1b564.0m

Depreciation and Amortization

1.1b991.0m962.0m981.0m

Inventories

107.0m221.0m(87.0m)75.0m

Accounts Payable

(132.0m)162.0m55.0m40.0m
Quarterly
USDFY, 2017

Revenue/Employee

173.8k

Debt/Equity

1.6 x

Debt/Assets

0.3 x

Financial Leverage

4.6 x
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Macy's Operating Metrics

Macy's's Stores was reported to be 839 in FY, 2019.
Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Stores

874879888829841854861852854867875867863865871839

Retail Space, sq. ft.

141.9 m141.34 m141.48 m130.16 m130.14 m129.7 m129.67 m127.67 m127.43 m127.45 m127.47 m125.96 m123.6 m123.5 m123.57 m119.51 m

Stores (Macy's)

730728729666545665664653652652652641637636636607

Stores (Backstage)

6677777777777776
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Macy's Acquisitions / Subsidiaries

Company NameDateDeal Size
STORYMay 02, 2018
BluemercuryFebruary 03, 2015
May Department Stores CompanyFebruary 27, 2005
Broadway StoresSeptember 30, 1995
Advertex Communications, Inc.
Bloomingdales.com, LLC
Bloomingdale's, Inc.
Bloomingdale’s, LLC
Bloomingdale’s The Outlet Store, LLC
FDS Bank
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Macy's Revenue Breakdown

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Macy's revenue breakdown by business segment: 16.6% from Home/Miscellaneous , 22.0% from Women’s Apparel, 38.5% from Women’s Accessories, Intimate Apparel, Shoes, Cosmetics and Fragrances and 22.9% from Men’s and Children’s

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Macy's Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Macy's Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Macy's Online and Social Media Presence

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Macy's Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C-

    63/100

  • Compensation

    D

    53/100

  • Diversity

    C-

    61/100

Learn more on Comparably

Macy's News and Updates

Macy's store employees score victory in challenging self-checkout system

A union scored a victory in challenging Macy's self-checkout, as an arbitrator ruled the retailer must find a way to credit store employees who get commissions.

Volta and Macy's Expand Electric Vehicle Charging Stations

NEW YORK, April 22, 2021 /PRNewswire/ -- Volta, the industry leader in commerce-centric electric vehicle charging networks, today announced the expansion of its partnership with Macy's to offer free charging to its customers at dozens of locations nationwide. Contributing to Macy's...

Department stores like Nordstrom and Macy's are still Americans' favorite place to buy shoes

In a new AlixPartners survey, consumers were asked were they've been buying shoes during the pandemic, and overwhelmingly the answer was department stores.

As retailers like Walmart, Macy's woo customers back, some have to clean up shop

For some retailers in a digital age, a store's appearance has become an afterthought. But that won't cut it when consumers return to shops in droves.

See inside a defunct Macy's that underwent a $3.5 million transformation to become a high school in Vermont

Summary List PlacementHigh school students in Burlington, Vermont are now attending school in what was once a Macy's department store in a local mall, Lisa Rathke reported for the Associated Press. Students at the school spent the previous six months learning remotely after toxic chemicals that can…

In Texas, big businesses including Target, Macy's, and Toyota are keeping their mask mandates, despite the state lifting COVID-19 restrictions

Summary List PlacementMajor US companies in Texas said Tuesday their employees would continue to wear masks to protect themselves and others against COVID-19, despite the state lifting a mask mandate and other restrictions. Texas Gov. Greg Abbott issued an executive order on Tuesday to allow the s…
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Macy's Frequently Asked Questions

  • When was Macy's founded?

    Macy's was founded in 1858.

  • Who are Macy's key executives?

    Macy's's key executives are Jeff Gennette, Adrian V. Mitchell and Matt Baer.

  • How many employees does Macy's have?

    Macy's has 123,000 employees.

  • What is Macy's revenue?

    Latest Macy's annual revenue is $24.6 b.

  • What is Macy's revenue per employee?

    Latest Macy's revenue per employee is $199.7 k.

  • Who are Macy's competitors?

    Competitors of Macy's include Ross Stores, Ascena Retail Group and Gap.

  • Where is Macy's headquarters?

    Macy's headquarters is located at 151 W 34th St, New York.

  • Where are Macy's offices?

    Macy's has offices in New York, Cincinnati, Duluth, Mason and in 2 other locations.

  • How many offices does Macy's have?

    Macy's has 8 offices.