Macy's is an American holding company and the owner of department store chains Macy's and Bloomingdale's. The Company sells a wide range of merchandise, including apparel and accessories (men’s, women’s and children’s), cosmetics, home furnishings and other consumer goods. The specific assortments vary by size of store, merchandising assortments and character of customers in the trade areas. Most stores are located at urban or suburban sites, principally in densely populated areas across the United States.


Company Growth (employees)
Type
Public
HQ
Cincinnati, US
Founded
1858
Size (employees)
148,300 (est)
Macy's was founded in 1858 and is headquartered in Cincinnati, US

Key People/Management at Macy's

Terry  Lundgren

Terry Lundgren

CEO & President
Karen  Hoguet

Karen Hoguet

CFO
Robert   Harrison

Robert Harrison

COO
Richard Lennox

Richard Lennox

CMO
Jeffrey  Kantor

Jeffrey Kantor

CSO
William  Allen

William Allen

Chief HR Officer
Molly  Langenstein

Molly Langenstein

CPBO
Cheryl Heinonen

Cheryl Heinonen

EVP
Felicia Williams

Felicia Williams

EVP, Controller, Enterprise Risk
Elisa Garcia

Elisa Garcia

CLO
Jeffrey  Gennette

Jeffrey Gennette

Chief Merchandising Officer

Macy's Office Locations

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

Macy's Financials and Metrics

Macy's Financials

Macy's's revenue was reported to be $25.8 b in FY, 2017
USD

Net income (Q3, 2018)

216 m

EBIT (Q3, 2018)

121 m

Market capitalization (08-Dec-2017)

7.9 b

Cash (28-Oct-2017)

534 m

EV

13.6 b
Macy's's current market capitalization is $7.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

27.9 b28.1 b27.1 b25.8 b25.8 b

Revenue growth, %

1%(4%)(5%)

Cost of goods sold

16.7 b16.9 b16.5 b15.6 b15.6 b

Gross profit

11.2 b11.2 b10.6 b10.2 b10.2 b
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

6.1 b5.9 b5.8 b5.9 b5.6 b5.3 b5.6 b

Cost of goods sold

3.6 b3.5 b3.5 b3.5 b3.4 b3.3 b3.3 b

Gross profit

2.5 b2.3 b2.3 b2.4 b2.2 b2 b2.2 b

Gross profit Margin, %

41%40%39%41%40%38%40%
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.3 b2.2 b1.1 b1.3 b1.3 b

Accounts Receivable

424 m558 m522 m

Inventories

5.5 b5.5 b5.4 b

Current Assets

8.7 b8.7 b7.7 b7.6 b7.6 b
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

1.2 b1 b1.6 b1.9 b843 m1.5 b474 m734 m1 b457 m1.2 b783 m534 m

Inventories

432 m

Current Assets

9.6 b9.6 b7.8 b8.5 b7.2 b8.3 b9.2 b7.4 b7.2 b8.8 b7.6 b6.6 b8.3 b

Goodwill

3.7 b3.7 b3.7 b3.7 b3.9 b3.9 b3.9 b3.9 b3.9 b3.9 b3.9 b3.9 b3.9 b
    USDFY, 2013FY, 2014FY, 2015FY, 2017

    Net Income

    1.5 b1.5 b1.1 b611 m

    Depreciation and Amortization

    1 b1 b1.1 b1.1 b

    Inventories

    21 m(76 m)(63 m)107 m

    Accounts Payable

    48 m129 m68 m(162 m)
    USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    675 m733 m516 m224 m410 m193 m527 m115 m124 m139 m70 m183 m34 m

    Depreciation and Amortization

    761 m770 m507 m253 m520 m259 m791 m260 m520 m787 m243 m487 m

    Inventories

    432 m

    Cash From Operating Activities

    819 m777 m646 m86 m398 m53 m278 m8 m560 m308 m234 m536 m389 m
      Y, 2017

      EV/EBIT

      112.8 x

      EV/CFO

      7.6 x

      Financial Leverage

      4.8 x
      Show all financial metrics

      Macy's Operating Metrics

      Macy's's Stores was reported to be 841 in Jun, 2017
      Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Jun, 2017Jun, 2017

      Stores

      886887901871874879888829841841

      Transactions

      600 m

      Visitors

      1.5 b
      Show all operating metrics

      Macy's Acquisitions / Subsidiaries

      Acquired CompanyDateDeal Size
      BluemercuryFebruary 03, 2015
      May Department Stores CompanyFebruary 27, 2005
      Broadway StoresSeptember 30, 1995

      Macy's Market Value History

      Macy's Revenue Breakdown

      Macy's Median Salaries

      Source: 118 public H-1B filings from Macy's

      Macy's's Web-traffic and Trends

      Macy's Online and Social Media Presence

      Macy's News and Updates

      Macy's Executive Chairman Lundgren to Retire in January

      Jeff Gennette, who has been CEO of the US retailer since March, was widely expected to become chairman as part of a succession plan announced in June last year.

      BLACK FRIDAY NIGHTMARE: Furious customers are complaining that Macy's won't let them pay as system glitches (M)

      Macy's customers are saying the retailer's credit card system has crashed in locations across the US on Black Friday. Problems seem to have started around noon, and customers continued to report issues throughout Friday afternoon.  Macy's said in a statement that it was "taking longer than usual t…

      Holiday Season Boosts Macy's Stocks

      Shares of Macy's jumped 3.4 percent, while rival Nordstrom added 1.1 percent, showing signs that consumers may spend more this holiday than in previous years.

      Black Friday Shoppers Report Massive Credit Card System Crash At Macy’s

      Furious reports have been bubbling up on social media.

      Someone thought Jimmy Fallon singing Prince would be good for the Macy's Day Parade. Most did not.

      Let's be honest, the Macy's Day Parade isn't the coolest of traditions.  Sure it's something corny and sweet to watch while you're cooking up a storm for your hungry loved ones, but many of the acts that make their way through Harold Square are aimed at generations too young or too old for most of…

      Gwen Stefani Sparkled From Head to Toe — And Hacked Her Shoes to Avoid Slipping

      The pop star and L.A.M.B. designer prerecorded a Macy’s Thanksgiving Day Parade performance.
      Show more

      Macy's Company Life and Culture

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