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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, US
Websitemacys.com
Overall CultureC-

Locations

Macy's is headquartered in
New York, United States

Location Map

Latest Updates

Employees (est.) (Feb 2020)123,000(-5%)
Revenue (FY, 2019)$24.6 B(-1%)
Share Price (Nov 2020)$7.4 (+6%)
Cybersecurity ratingDMore

Key People/Management at Macy's

Jeff Gennette

Jeff Gennette

Chairman & Chief Executive Officer
Felicia Williams

Felicia Williams

Interim Chief Financial Officer
Matt Baer

Matt Baer

Chief Digital Officer
Elisa D. Garcia

Elisa D. Garcia

Chief Legal Officer and Secretary
John Harper

John Harper

Chief Operations Officer
Cheryl Heinonen

Cheryl Heinonen

Senior Vice President, Corporate Communications
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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, US (HQ)
151 W 34th St
Cincinnati, US
7 W 7th St
Duluth, US
5985 State Bridge Rd
Mason, US
9111 Duke Blvd
New York, US
1000 3rd Ave
New York, 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 (13-Nov-2020)

2.3b

Closing stock price (13-Nov-2020)

7.4

Cash (1-Feb-2020)

685.0m

EV

5.8b
Macy's's current market capitalization is $2.3 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.
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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

D

68/100

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-

    64/100

  • Compensation

    D

    53/100

  • Diversity

    C-

    61/100

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Macy's News and Updates

Macy's names Adrian Mitchell as CFO

Macy's Inc. said Wednesday that it has named Adrian Mitchell as chief financial officer, effective Nov. 2. Mitchell joins from Boston Consulting Group where he worked with a number of retail clients. He has also held positions at retailers including Crate & Barrel and Target Corp. Mitchell suc…

Macy's will commit 15% of its shelf space to Black-owned brands, joining a pledge adopted by Sephora, Vogue, and Rent the Runway

Summary List Placement Macy's will devote 15% of its shelf space to Black-owned brands, it announced in a presentation to investors on Wednesday. The department store chain would take the "15 Percent Pledge," a grassroots project that lobbies major retailers in the US, it said. The pledge reflects …

Macy's invests in Klarna

Iconic department store Macy's has taken a stake in buy now, pay later outfit Klarna, giving the Swedish vendor a huge boost in its bid to crack the US market.

Macy's plans rollout of smaller stores away from malls

"We continue to believe that the best malls in the country will thrive," Chief Executive Jeff Gennette told analysts Wednesday. "However, we also know that Macy's and Bloomingdale's have high potential [off]-mall and in smaller formats."

Macy's shares climb as results beats forecasts, online sales jump 53%

Macy's shares climb as results beats forecasts, online sales jump 53%
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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, Felicia Williams 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.