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Macy’s (NYSE: M) — Company Overview, News & Financial Data

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Company profile

Macy’s

Macy's (NYSE:M) is a well-known American department store chain that operates across the United States with a rich history of offering a wide variety of products, including clothing, accessories, home furnishings, and other consumer goods. It focuses on delivering value and a great shopping experience to its customers through both its brick-and-mortar stores and its e-commerce platform. Macy's is also deeply involved in several projects aimed at sustainability and social responsibility, striving to create a positive impact on the communities it serves. Its objectives include driving sales through innovative retail approaches, enhancing customer loyalty through personalized shopping experiences, and expanding its digital and mobile capabilities to meet the evolving needs of its customer base.

Snapshot

Public USOwnership
1929Year founded
75721Employees
Ohio, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of Macy’s

  • Retail Clothing and Accessories: Offering a wide range of apparel, shoes, and accessories for men, women, and children catering to diverse styles and preferences.
  • E-commerce Platform: A comprehensive online shopping site providing easy access to its extensive product lineup, including exclusive online deals.
  • Beauty Products and Fragrances: A selection of cosmetics, skincare, and perfumes from leading brands, accompanied by beauty services at select locations.
  • Macy's Credit Card Services: A proprietary credit card system offering rewards, discounts, and special financing options to enhance customer loyalty and purchasing power.
  • Home Furnishings and Decor: Providing an array of furniture, home textiles, and decorative items to suit various tastes and budgets.
  • Macy's Thanksgiving Day Parade: An iconic annual event featuring giant balloons, floats, and performances, drawing millions of viewers and marking the start of the holiday shopping season.

Macy’s executive team

  • Antony SpringCEO & Chairman
  • Thomas J. Edwards Jr.COO & CFO
  • Tracy M. PrestonChief Legal Officer & Corporate Secretary
  • Danielle L. KirganExecutive VP, Chief HR & Corporate Affairs Officer
  • Olivier BronChief Executive Officer of Bloomingdale
  • Keith T. CredendinoChief Information Officer
  • Caitlin HoweVice President of Investor Relations
  • Sharon OttermanChief Marketing Officer
  • Mike DervosSenior VP & Regional Director of Chicago, Minneapolis & Detroit
  • Nata DvirChief Merchandising Officer

Dividend history

Dividends per share paid by Macy’s, by financial year.

Macy’s dividends per share by financial year
Financial yearInterimFinalSpecialTotal
FY2027(to date)———$0.5760
FY2026———$0.7280
FY2025———$0.6960
FY2024———$0.6600
FY2023———$0.6320

Key financials

Reported results for Macy’s, in USD.

Market cap
6.2B
Revenue (TTM)
22.8B
P/E ratio
8.7
EPS (diluted, TTM)
2.7
Dividend yield
3.1%
Profit margin
3.3%
Macy’s annual revenue and income
Fiscal year endRevenueOperating incomeNet income
22.6B1B642M
23B909M582M
23.9B301M45M
25.4B1.7B1.2B