Macy's, Inc. (M)

Over the past six months, Macy's stock has been influenced by several events. In September 2025, Macy's reported solid second-quarter results, with non-GAAP EPS of $0.41 surpassing analyst forecasts and revenue of $4.8 billion beating estimates. In December 2025, Macy's issued its earnings results, reporting $0.09 EPS for the quarter, exceeding the consensus estimate of ($0.13), however, revenue was down 0.6% year-over-year. In early February 2026, Zacks Research downgraded Macy's from a "strong-buy" to a "hold" rating, and the company announced plans to close its Owasso, Oklahoma fulfillment center.

Macy's products and services experience clear demand seasonality, offering seasonal merchandise and participating in major seasonal events like holiday window displays and parades. Macy's stock has historically shown seasonal strength from September 13 to December 2, aligning with the holiday shopping season, and the company acknowledges that weather can influence seasonal category performance.

Macy's, Inc. is an American omnichannel retail company operating department stores and beauty stores under brands like Macy's, Bloomingdale's, and Bluemercury. It operates in the Consumer Discretionary sector and Multiline Retail industry, offering apparel, accessories, cosmetics, footwear, home furnishings, and private label brands.

Macy's, Inc. has a significant presence across the United States, operating over 400 stores in 45 states and more than 300 cities, as of 2025, and extends its reach to Guam and Puerto Rico. Bloomingdale's operates internationally in Dubai and Kuwait under a license agreement, and Macy's offers international shipping to over 100 countries through its websites.

Macy's brand reputation has faced challenges due to an accounting scandal involving concealed delivery expenses, leading to clawed-back executive bonuses and revised financial statements. However, the company's "Bold New Chapter" strategy has improved customer satisfaction and Net Promoter Scores, with investments in in-store experiences driving comparable sales growth. Macy's also demonstrates positive community engagement through initiatives like its Holiday Campaign and commitment to sustainability.

Approximately 50.80% of Macy's, Inc.'s stock is held by institutional investors, with major holders including BlackRock, Inc. and Vanguard Group Inc. Insiders own about 0.27% of the stock, while public companies and individual investors hold approximately 48.93%.