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.) (Jan 2021)75,711(-38%)
Job Openings8,612
Revenue (FY, 2020)$17.3 B(-29%)
Share Price (Jul 2021)$16.7(-1%)

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 $17.35 b in FY, 2020 which is a 29.4% decrease from the previous period.
USD

Revenue (Q1, 2021)

4.7b

Gross profit (Q1, 2021)

1.8b

Gross profit margin (Q1, 2021), %

38.6%

Net income (Q1, 2021)

103.0m

EBIT (Q1, 2021)

215.0m

Market capitalization (23-Jul-2021)

5.2b

Closing stock price (23-Jul-2021)

16.7

Cash (1-May-2021)

1.8b

EV

11.4b
Macy's's current market capitalization is $5.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

25.0b24.6b17.3b

Revenue growth, %

1%(2%)(29%)

Cost of goods sold

15.2b15.2b12.3b

Gross profit

9.8b9.4b5.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

5.5b5.5b5.2b3.0b3.6b4.0b4.7b

Cost of goods sold

3.4b3.4b3.1b2.5b2.7b2.6b2.9b

Gross profit

2.1b2.2b2.1b516.0m841.0m1.4b1.8b

Gross profit Margin, %

38%39%40%17%24%36%39%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.2b685.0m1.7b

Accounts Receivable

400.0m409.0m276.0m

Prepaid Expenses

620.0m528.0m455.0m

Inventories

5.3b5.2b3.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

737.0m674.0m301.0m1.5b1.4b1.6b1.8b

Accounts Receivable

237.0m240.0m175.0m170.0m184.0m185.0m205.0m

Prepaid Expenses

633.0m603.0m568.0m519.0m470.0m477.0m1.0b

Inventories

5.5b5.0b7.3b4.9b3.6b5.1b4.2b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.1b564.0m(3.9b)

Depreciation and Amortization

962.0m981.0m959.0m

Inventories

(87.0m)75.0m1.4b

Accounts Payable

55.0m40.0m237.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

136.0m223.0m224.0m(3.6b)(4.0b)(4.1b)103.0m

Depreciation and Amortization

236.0m472.0m725.0m237.0m472.0m722.0m224.0m

Inventories

(235.0m)234.0m(2.0b)265.0m1.6b34.0m(457.0m)

Accounts Payable

247.0m55.0m1.6b629.0m(188.0m)1.6b674.0m
USDFY, 2019

EV/EBIT

6.6 x

EV/CFO

6.6 x

Revenue/Employee

192.1k

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

3 x

P/E Ratio

7.2
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Macy's Operating Metrics

Macy's's Stores was reported to be 725 in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Stores

867870870806775777774764727725

Stores (Macy's)

649580551552546544512512

Stores (Bloomingdale's)

5555535454545353

Stores (Bluemercury)

163171171171171166162160
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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, LLC
Bloomingdale’s Merchandising, LLC
Bloomingdale’s The Outlet Store, LLC
Bluemercury, Inc.
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Macy's Revenue Breakdown

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Macy's revenue breakdown by business segment: 21.6% from Home/Miscellaneous , 16.8% from Women’s Apparel, 41.5% from Women’s Accessories, Intimate Apparel, Shoes, Cosmetics and Fragrances and 20.1% from Men’s and Children’s

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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

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Macy's News and Updates

Macy's names CVS vet as Bluemercury CEO

Macy's Inc. has named Maly Bernstein chief executive of the Bluemercury chain of beauty shops, effective September 13. Bernstein will be based out of the Bluemercury headquarters in Bethesda, Md. and report to Tony Spring, chief executive of Bloomingdale's. Bernstein was most recently vice presiden…

Macy's launches new private label, And Now This

Macy's Inc. said Monday that it has launched a new private label, And Now This, which will include essential items like tees, denim and casual dresses for men and women. Items are available online and at select stores. Macy's will host launch events in New York City, Chicago and Ft. Lauderdale, Fla…

Former Macy's CEO says retailers welcome rising prices on apparel after stagnant decade

Terry Lundgren, who led Macy's for more than a decade, said on CNBC that rising clothing prices won't change the consumer's mind amid pent-up demand.

Pennexx Launches Its Enhanced Savings Website with Major Brands Such as Macy's, Home Depot, Burger King, Amazon, and Many Others

Philadelphia, PA - (NewMediaWire) - July 7, 2021 - Pennexx (OTC: PNNX) has launched its new, long-awaited, proprietary https://yoursocialoffers.com/(YSO) website with state-of-the-art features and many household names. Visitors to the site will find discounts of 50% and more on many products. …

Empire State Building Partners With Macy's For 4th Of July Fireworks® Live From New York City

NEW YORK, July 5, 2021 /PRNewswire/ -- The Empire State Building (ESB) partnered with Macy's for the second consecutive year for the nation's largest Independence Day celebration, the 45th Annual Macy's 4th of July Fireworks®. This year's show surpassed last year with 65,000 shells...

The best 4th of July sales that you can find today, including discounts at Backcountry, Samsung, and Macy's

  Summary List Placement Happy Independence Day, everyone. During this holiday, you can find big discounts on appliances, apparel, mattresses, beach gear, and outdoor gear during the 4th of July.  Below, you'll find the best sales available, plus answers to frequently asked questions. We'll continu…
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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 75,711 employees.

  • What is Macy's revenue?

    Latest Macy's annual revenue is $17.3 b.

  • What is Macy's revenue per employee?

    Latest Macy's revenue per employee is $229.1 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.