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The earnings rundown. Here are Macy's Q4 results versus estimates, according to Bloomberg data. Net sales: $8.12 billion versus $8.11 billion Adjusted EPS: $2.45 versus $1.99 Same-store sales: -5. ...
Arkhouse's March all-cash offer values Macy's at $24 per share — a 14.3% increase from its original proposal of $21 per share — and a 51.3% premium to Macy’s share price on Nov. 30, 2023.
Macy's, Inc. owns the department store chains Bloomingdale's and Macy's, and beauty store chain Bluemercury, all of which operate flagship stores in Manhattan. As of October 2022, it operates 722 locations in the United States, Guam, and Puerto Rico. The company was the world's largest fashion goods retailer and the 36th largest retailer ...
ANNE D'INNOCENZIO. April 10, 2024 at 11:55 AM. NEW YORK (AP) — Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management ...
housewares. The May Department Stores Company was an American department store holding company, formerly headquartered in downtown St. Louis, Missouri. [1] It was founded in Leadville, Colorado, by David May in 1877, moving to St. Louis in 1905. [2] After many changes in the retail industry, the company merged with Federated Department Stores ...
Retired Chairman and CEO, Macy's, Inc. [1] Terrence James Lundgren (born March 23, 1952) is an American business executive who retired on January 31, 2018, as executive chairman of Macy's, Inc. the parent company of fashion retailers Macy's, Bloomingdale's and Bluemercury. [1] He had served for 14 years as chairman and chief executive officer ...
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Macy's ( M) is navigating through some stormy weather to kick off the year. The once darling department store faces an uncertain future after it rejected a $5.8 billion buyout offer from one of ...