Last $64.33 USD
Change Today +0.62 / 0.97%
Volume 1.1M
M On Other Exchanges
Symbol
Exchange
Munich
As of 10:47 AM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

macy's inc (M) Snapshot

Open
$63.40
Previous Close
$63.58
Day High
$64.40
Day Low
$63.26
52 Week High
01/8/15 - $68.30
52 Week Low
05/7/14 - $54.82
Market Cap
22.2B
Average Volume 10 Days
5.0M
EPS TTM
$4.46
Shares Outstanding
345.3M
EX-Date
03/11/15
P/E TM
14.4x
Dividend
$1.25
Dividend Yield
1.86%
Current Stock Chart for MACY'S INC (M)

macy's inc (M) Details

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. 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 also operates Bloomingdale’s Outlet stores that offer a range of apparel and accessories, including women's ready-to-wear, fashion accessories, jewelry, handbags, and intimate apparel, as well as men's, children's, and women's shoes. As of January 23, 2015, it operated approximately 840 stores under the Macy's and Bloomingdale's names in 45 states of the United States, the District of Columbia, Guam, and Puerto Rico, as well as the macys.com and bloomingdales.com Websites; and 13 Bloomingdale's Outlet stores. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is headquartered in Cincinnati, Ohio.

macy's inc (M) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.6M
President
Total Annual Compensation: $870.8K
Chief Financial Officer
Total Annual Compensation: $870.8K
Chief for International Business Development
Total Annual Compensation: $842.5K
Chief for Innovation and Business Development
Total Annual Compensation: $870.8K
Compensation as of Fiscal Year 2013.

macy's inc (M) Key Developments

Macy’s, Inc. Declares Quarterly Dividend, Payable on April 1, 2015

The board of directors of Macy's, Inc. declared a regular quarterly dividend of 31.25 cents per share on Macy's common stock, payable April 1, 2015, to shareholders of record at the close of business on March 13, 2015.

Macy's, Inc. Announces Unaudited Consolidated Earnings Results for the Thirteen Weeks and Fifty Two Weeks Ended January 1, 2015; Provides Earnings Guidance for the Year 2015; Announces Asset Impairment Charges for the Thirteen Weeks Ended January 31, 2015

Macy's, Inc. announced unaudited consolidated earnings results for the thirteen weeks and fifty two weeks ended January 1, 2015. For the 13 weeks ended January 31, 2015, the company reported net sales of $9,364 million against $9,202 million a year ago. Operating income was $1,364 million against $1,349 million a year ago. Income before income taxes was $1,250 million against $1,250 million a year ago. Net income was $793 million or $2.26 per diluted share against $811 million or $2.16 per diluted share a year ago. Earnings, adjusted for asset impairment costs, were $2.44 per share. For the 52 weeks ended January 31, 2015, the company reported net sales of $28,105 million against $27,931 million a year ago. Operating income was $2,800 million against $2,678 million a year ago. Income before income taxes was $2,390 million against $2,290 million a year ago. Net income was $1,526 million or $4.22 per diluted share against $1,486 million or $3.86 per diluted share a year ago. Net cash provided by operating activities was $2,709 million against $2,549 million a year ago. Purchase of property and equipment was $770 million against $607 million a year ago. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) rose in 2014 to $3.923 billion, or 14% of sales. For the 13 weeks ended January 31, 2015, includes $33 million of asset impairment charges primarily related to the store closings announced in January 2015. For the year 2015, the company expects comparable sales growth on an owned plus licensed basis, as well as on an owned basis, of approximately 2%. Total sales are expected to grow about 1%. Earnings of $4.70 to $4.80 per share are expected in 2015. Capital expenditures are expected to be approximately $1.2 billion, an increase from $1.07 billion in 2014, reflecting new investment in growth initiatives. Tax rate is expected to be approximately 37%. Depreciation and amortization is expected to be approximately $1,060,000,000.

Macy's, Inc. Revises Earnings Guidance for the Full-Year 2014

Macy's, Inc. revised earnings guidance for the full-year 2014. For the period, the company expects earnings to be in the range of $4.35 and $4.37 per diluted share, compared to the previous guidance range of $4.25 to $4.35 per diluted share.

 

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M

Industry Average

Valuation M Industry Range
Price/Earnings 15.1x
Price/Sales 0.8x
Price/Book 4.0x
Price/Cash Flow 14.2x
TEV/Sales 0.4x
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