Financials

  • Market Capitalization 5.29 B
  • Employee 94 K
  • Founded 1985
  • CEO Tony Spring
  • Website www.macysinc.com
  • Headquarter Delaware, United States
  • FIGI BBG000C46HM9
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
11.73
Price to sales ratio
0.24
Dividends per share
0.36
Dividend yield %
7.12

Macy's Inc

Macy's, Inc. is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over Macy's, the old department store chain originally founded in 1858 by American entrepreneur Rowland Hussey Macy. Despite Federated's long history of preserving regional nameplates, its acquisition of the May Department Stores Company in 2005 marked the end of those nameplates. By the following year, both the Macy's and Bloomingdale's brands had replaced them nationwide. Ultimately, Federated itself was renamed Macy's, Inc. in 2007, an acknowledgment of the old store's venerable name; the company bought Bluemercury in 2015 from Berry J. Beck and Marla Malcolm Beck, allowing the company to expand into beauty stores.

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