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 Openings85
Revenue (FY, 2019)$24.6 B(-1%)
Share Price (Feb 2021)$15.2 (-3%)
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
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 (26-Feb-2021)

4.7b

Closing stock price (26-Feb-2021)

15.2

Cash (1-Feb-2020)

685.0m

EV

8.2b
Macy's's current market capitalization is $4.7 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

B

86/100

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

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Macy's News and Updates

Macy's holiday sales dropped, but beat Wall Street estimates, as stimulus checks and strong online demand cushioned the blow of the pandemic

Summary List PlacementMacy's forecast 2021 sales largely above Wall Street estimates on Tuesday as it bet on vaccine rollouts allowing customers to return to its department stores after pandemic curbs. The upbeat outlook from the US retailer follows better-than-expected sales in the holiday quarte…

Macy's reports better-than-expected quarter with digital sales headed to $10 billion

Macy's Inc. stock rose 1.9% in Tuesday premarket trading after the department store retailer beat fourth quarter expectations. Net income totaled $160 million, or 50 cents per share, down from $340 million, or $1.09 per share, last year. Adjusted EPS of 80 cents per share blew past the FactSet cons…

Macy's holiday sales top estimates, lifting company to its first profitable quarter in a year

Macy's reported its first quarterly profit in a year, as its efforts to slash inventories during the holiday quarter and rely less on deep discounting paid off.

The Pandemic Made WD-40 Bigger Than Macy's

The Pandemic Made WD-40 Bigger Than Macy's

Macy's is shuttering 45 more locations this year, as part of its 3-year store closure plan

Macy's has notified the employees at about 45 of its department stores that they will close by the middle of this year, CNBC has learned.

Macy's best Cyber Monday deals include $60 off an Instant Pot pressure cooker and $84 off an AeroGarden

 Summary List Placement Macy's is always a great store to shop for deals on holiday decor, home goods, kitchen appliances, and clothing all in one place. The best Cyber Monday deals you can shop right now include $60 off an Instant Pot pressure cooker and $84 off an AeroGarden. You can even save o…
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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.