Macy's operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other consumer goods. The Company operates stores under the Macy's, Bloomingdale's, The Outlet, Bluemercury and Macy's Backstage brands. In addition, it operates as a beauty products and spa retailer.


Type
Public
HQ
Cincinnati, US
Founded
1858
Size (employees)
130,000 (est)-12%
Website
macys.com
Macy's was founded in 1858 and is headquartered in Cincinnati, US
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Key People/Management at Macy's

Jeff Gennette

Jeff Gennette

Chairman and Chief Executive Officer
Hal Lawton

Hal Lawton

President
Karen M. Hoguet

Karen M. Hoguet

CFO
Elisa D. Garcia

Elisa D. Garcia

Chief Legal Officer
John Harper

John Harper

Chief Stores Officer
Robert B. Harrison

Robert B. Harrison

Chief Operations Officer
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Macy's Office Locations

Macy's has offices in New York and Cincinnati
Cincinnati, US (HQ)
7 West Seventh Street
New York, US
151 W 34th St
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Macy's Financials and Metrics

Macy's Revenue

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Macy's's revenue was reported to be $24.84 b in FY, 2018 which is a 3.7% decrease from the previous period.
USD

Revenue (Q1, 2018)

5.5 b

Gross profit (Q1, 2018)

2.2 b

Gross profit margin (Q1, 2018), %

39%

Net income (Q1, 2018)

131 m

EBIT (Q1, 2018)

238 m

Market capitalization (11-Jul-2018)

11.2 b

Closing share price (11-Jul-2018)

36.4

Cash (5-May-2018)

1.5 b

EV

15.5 b
Macy's's current market capitalization is $11.2 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Revenue

28.1 b27.1 b25.8 b24.8 b

Revenue growth, %

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

Cost of goods sold

16.9 b16.5 b15.6 b15.2 b

Gross profit

11.2 b10.6 b10.2 b9.7 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

6.2 b6.1 b5.9 b5.8 b5.9 b5.6 b5.3 b5.6 b5.3 b5.5 b

Cost of goods sold

3.8 b3.6 b3.5 b3.5 b3.5 b3.4 b3.3 b3.3 b3.2 b3.4 b

Gross profit

2.4 b2.5 b2.3 b2.3 b2.4 b2.2 b2 b2.2 b2.1 b2.2 b

Gross profit Margin, %

39%41%40%39%41%40%38%40%40%39%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.2 b1.1 b1.3 b1.5 b

Accounts Receivable

424 m558 m522 m363 m

Prepaid Expenses

493 m479 m408 m448 m

Inventories

5.4 b5.5 b5.4 b5.2 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

1.5 b843 m474 m734 m1 b457 m1.2 b783 m534 m1.5 b

Accounts Receivable

259 m334 m200 m399 m423 m262 m345 m382 m219 m250 m

Prepaid Expenses

471 m437 m426 m490 m471 m454 m397 m412 m432 m638 m

Inventories

5.9 b5.5 b8 b5.7 b5.3 b7.6 b5.6 b5 b7.1 b5.3 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.5 b1.1 b611 m1.5 b

Depreciation and Amortization

1 b1.1 b1.1 b946 m

Inventories

44 m(60 m)107 m221 m

Accounts Payable

108 m(10 m)(294 m)(17 m)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

193 m410 m527 m115 m124 m139 m70 m183 m216 m131 m

Depreciation and Amortization

259 m520 m791 m260 m520 m787 m243 m487 m741 m235 m

Inventories

(483 m)(50 m)(2.5 b)(232 m)184 m2.1 b(227 m)419 m(1.7 b)(115 m)

Accounts Payable

178 m(312 m)1.4 b(74 m)(327 m)1.3 b22 m(279 m)1.3 b(29 m)
USDY, 2018

EV/EBIT

65.2 x

EV/CFO

48.2 x

Financial Leverage

3.4 x
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Macy's Operating Metrics

Macy's's Stores was reported to be 850 in Q1, 2018.
Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Stores

823 886 887 901 868 874 879 888 829 841 854 861 850 850
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Macy's Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Bluemercury February 03, 2015
May Department Stores Company February 27, 2005
Broadway Stores September 30, 1995
Advertex Communications, Inc.
Bloomingdales.com, LLC
Bloomingdale's, Inc.
Bloomingdale’s The Outlet Store, Inc.
FDS Bank
FDS Thrift Holding Co., Inc.
Macy's Backstage, Inc.
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Macy's Revenue Breakdown

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Macy's revenue breakdown by business segment: 16.0% from Home/Miscellaneous , 23.0% from Men’s and Children’s , 23.0% from Women’s Apparel and 38.0% from Women’s Accessories, Intimate Apparel, Shoes, Cosmetics and Fragrances

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Macy's Online and Social Media Presence

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Macy's News and Updates

Macy's is warning customers that their information might have been stolen in a data breach (M)

Macy's has been hit by a data breach.  The department-store chain, which also owns Bloomingdale's, warned shoppers that their personal details and, in some cases, credit-card information, could have been accessed by a third party.  The breach took place between April 26 and June 12, according to a…

Oooh. Aaah. Woaah. Here's a bunch of dazzling fireworks displays for the 4th of July.

Oooh, look at that one. Aaaah, that's a good'un. Woooaaaah, WTF was thaaaat? Folks across America have toasted Independence Day beneath jaw-dropping fireworks displays, from New York City to Washington D.C., Nashville to Los Angeles and everywhere in between. SEE ALSO: Twitter can't even celebrate…

Casio G-SHOCK Reveals First-Ever Collaboration With ASICSTIGER

DOVER, N.J., June 22, 2018 /PRNewswire/ -- Today, Casio G-SHOCK unveils its first-ever collaboration timepiece with streetwear brand ASICSTIGER, the GBA800AT-1A. The new limited edition watch combines advanced Japanese technology with a forward-thinking aesthetic for an updated GBA800...

Macy's is rapidly growing a new kind of store that looks a lot like TJ Maxx. We compared the shopping experience at both, and there was a clear winner. (M)

Macy's is doubling down on its off-price concept, Backstage, which sells many of the same brands as a typical Macy's store but at a steep discount.  In February, Macy's CEO Jeff Gennette said the retailer would be rolling out 100 more of these outlets to Macy's stores.  We compared the shopping ex…
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Macy's Company Life and Culture

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