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)
148,300 (est)
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

Chief Executive Officer
Karen Hoguet

Karen Hoguet

Chief Financial Officer
Richard Lennox

Richard Lennox

Chief Marketing Officer
Terry Lundgren

Terry Lundgren

Executive Chairman
Robert   Harrison

Robert Harrison

Chief Operations Officer
Justin MacFarlane

Justin MacFarlane

Chief Strategy, Analytics and Innovation 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 Financials

Macy's's revenue was reported to be $25.78 b in FY, 2016 which is a 4.8% decrease from the previous period.
USD

Revenue (Q3, 2017)

5.3 b

Gross profit (Q3, 2017)

2.1 b

Gross profit margin (Q3, 2017), %

39.9%

Net income (Q3, 2017)

34 m

EBIT (Q3, 2017)

121 m

Market capitalization (20-Apr-2018)

9.1 b

Cash (28-Oct-2017)

534 m

EV

14.9 b
Macy's's current market capitalization is $9.1 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

28.1 b27.1 b25.8 b

Revenue growth, %

1%(4%)(5%)

Cost of goods sold

16.9 b16.5 b15.6 b

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

2.2 b1.1 b1.3 b

Accounts Receivable

424 m558 m522 m

Prepaid Expenses

493 m479 m408 m

Inventories

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

Cash

1.5 b843 m474 m734 m1 b457 m1.2 b783 m534 m

Accounts Receivable

259 m334 m200 m399 m423 m262 m345 m382 m219 m

Prepaid Expenses

471 m437 m426 m490 m471 m454 m397 m412 m432 m

Inventories

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

Net Income

1.5 b1.1 b611 m

Depreciation and Amortization

1 b1.1 b1.1 b

Inventories

44 m(60 m)107 m

Accounts Payable

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

Net Income

193 m410 m527 m115 m124 m139 m70 m183 m216 m

Depreciation and Amortization

259 m520 m791 m260 m520 m787 m243 m487 m741 m

Inventories

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

Accounts Payable

178 m(312 m)1.4 b(74 m)(327 m)1.3 b22 m(279 m)1.3 b
USDY, 2017

EV/EBIT

123.4 x

EV/CFO

38.4 x

Revenue/Employee

35.6 k

Debt/Equity

1.5 x

Debt/Assets

0.3 x

Financial Leverage

4.8 x
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Macy's Operating Metrics

Macy's's Stores was reported to be 852 in Q4, 2017.
Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017

Stores

823 886 887 901 868 874 879 888 829 841 854 861 852
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Macy's Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
West 34th Street Insurance Company New York
Macys.com, LLC
Macy’s Retail Holdings, Inc.
Macy’s West Stores, Inc.
Advertex Communications, Inc.
Bloomingdale's, Inc.
Bloomingdale’s The Outlet Store, Inc.
Bloomingdales.com, LLC
FDS Bank
FDS Thrift Holding Co., Inc.
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Macy's News and Updates

Civil rights prosecutors reportedly recommended an NYPD officer be charged in Eric Garner's death

Federal prosecutors reportedly recommended civil rights charges against NYPD officer Daniel Pantaleo in the 2014 death of Eric Garner. But the case appears unlikely to move forward, as top Justice Department officials believe the case is not winnable, The New York Times reported on Friday. Feder…

Spring has sprung at Macy's department stores

'Once Upon a Springtime'  is the official name for the 2018 annual flower show at Macy's. From the looks of it, spring has won with over a million flowers blooming — and yes, they're real and they're spectacular.  Read more...More about Mashable Video, California, Chicago, San Francisco, and New Y…

Macy's Long-Time CFO Karen Hoguet to Retire

Hoguet, who has been CFO since 1997, will step down before February if a successor is appointed and then carry on as an adviser until her retirement next year.

Macy's longtime CFO Karen Hoguet to retire next year

(Reuters) - Department store operator Macy's Inc said on Wednesday Chief Financial Officer Karen Hoguet will retire in February next year.

Dubai Showcases Modest Fashion Without Runways or Models

A weeklong fashion event in Dubai is being held without catwalks, models or skin-baring designs.
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