Highest-materiality recent filing
Macy's Q1 comps +3.0%, EPS beat; raises full-year guidance
GAAP diluted EPS $0.23, adjusted $0.13; revenue $4.7B (+1.8% YoY).
Macy's shareholders approve amended 2024 equity incentive plan at annual meeting
Shareholders elected 10 directors with majority support; Deirdre Connelly received 156M for, 44.5M against.
Three Macy's directors not standing for re-election; board to shrink from 13 to 10
Directors Richard Clark, Douglas W. Sesler, and Tracey Zhen will not stand for re-election at the May 15, 2026 annual meeting.
Macy's Q4 net sales $7.6B, adj EPS $1.67 beats guidance; FY2026 guidance soft
Q4 comparable sales up 1.8%; go-forward comps up 2.0% (Macy's +0.6%, Bloomingdale's +9.9%, Bluemercury +1.3%).
Macy's schedules annual meeting for May 15, 2026; record date March 19, 2026
Annual meeting of stockholders set for May 15, 2026.
Macy's updates financial disclosure metrics to focus on go-forward business
Adds go-forward OLM comparable sales for Macy's nameplate, Macy's Reimagine, Bloomingdale's, and Bluemercury.
Macy's pays former COO/CFO Mitchell $2.7M in separation agreement
Adrian V. Mitchell, former COO and CFO, receives $2.7M cash payment to finalize separation.
Macy's Q3 net sales $4.7B, adj EPS $0.09 beat; raises FY outlook
Net sales $4.7B (down 0.6% YoY); comp sales +2.5% owned, +3.2% O+L+M; adj diluted EPS $0.09 above guidance.
Macy's Q3 adjusted EPS $0.09 beats; comp sales strongest in 13 quarters; FY guide raised
Q3 net sales $4.7B (-0.6% YoY); comparable O+L+M sales +3.2%, strongest in 13 quarters.
Macy's Q2 adjusted EPS $0.41 beats guidance; raises FY net sales and EPS outlook
Q2 net sales $4.8B (down 2.5% YoY) beat guidance; GAAP EPS $0.31, adjusted EPS $0.41 above guidance.
Macy's issues $500M of 7.375% senior notes due 2033 to fund tender offer and debt redemption
Issued $500M aggregate principal of 7.375% senior notes due 2033 at par; interest payable semi-annually starting Feb 1, 2026.
Macy's proposes $500M senior notes due 2033; launches $175M tender; redeems ~$587M
$500M senior notes due 2033 to be issued by Macy's Retail Holdings, guaranteed by Macy's, for tender/redemption/fees.
Macy's prices $500M of 7.375% senior notes due 2033 to refinance debt
Priced $500M aggregate principal of 7.375% senior notes due August 1, 2033 at 100% of par.
GAAP diluted EPS $0.13, adjusted EPS $0.16 vs. prior guidance range.
Macy's shareholders re-elect all 13 directors, auditor, and say-on-pay approved
All 13 director nominees elected; Marie Chandoha received lowest support: 165.6M for vs 21.4M against.
Macy's refinances ABL credit facility: reduces from $3.0B to $2.1B, extends maturity to April 2030
Reduced asset-based credit facility from $3.0B to $2.1B; maturity extended from March 2027 to April 2030.
Macy's appoints Thomas J. Edwards as COO/CFO; Adrian Mitchell departs
Thomas J. Edwards to become COO and CFO effective June 22, 2025; Adrian Mitchell to leave after transition.
Macy's Q4 adj EPS $1.80 beats guidance; net sales down 4.3% to $7.8B
Q4 GAAP diluted EPS $1.21, adjusted diluted EPS $1.80 (exceeded prior guidance range).
Macy's schedules 2025 annual meeting for May 16; record date March 20
Board set annual meeting date for May 16, 2025.
Macy's appoints Robert Chavez to board; Sara Levinson to retire at 2025 annual meeting
Robert Chavez, former Hermès Americas CEO (24 years), elected independent director effective April 1, 2025.
Macy's Q3 GAAP EPS $0.10, adjusted $0.04; material weakness found after employee hid $151M expenses
Net sales $4.7B (-2.4% YoY); comparable sales down 1.3% on owned+licensed+marketplace basis.
Director Ashley Buchanan resigns from Macy's board effective Nov 25, 2024
Ashley Buchanan resigned as director, not due to any disagreement with Macy's.
Macy's reports preliminary Q3 sales of $4.74B; employee hid $132-154M in delivery expenses
Preliminary Q3 net sales $4.742B, down 2.4% YoY; comparable sales down 2.4% owned, 1.3% owned-plus-licensed-plus-marketplace.
Director William H. Lenehan resigns from Macy's board effective Oct 25, 2024
William H. Lenehan resigned as Macy's director effective October 25, 2024.
Macy's early tender results: $220M debt buyback, prorated acceptance for 5.875% notes due 2029
Accepted all tenders for 6.79% due 2027 ($10.49M), 7.00% due 2028 ($10.20M), 6.70% due 2028 ($19.95M total), 6.90% due 2029 ($7.20M).
Macy's launches $220M cash tender offer for seven note series; early deadline Sept 17
Up to $220M aggregate purchase price for seven series of senior notes and debentures, funded with cash on hand.
Macy's Q2 GAAP EPS $0.53 vs loss of $0.08; revenue $4.9B -3.8%; lowers net sales guidance
Diluted EPS $0.53 (Adjusted $0.53) exceeded outlook; compares to diluted loss of $(0.08) and adjusted EPS $0.26 in Q2 2023.
Macy's terminates acquisition talks with Arkhouse and Brigade; cites financing uncertainty
Arkhouse/Brigade's revised $24.80/share proposal deemed non-actionable; Board unanimously ends discussions.
Macy's Q1 diluted EPS $0.22 beats outlook; raises FY adjusted EPS guidance to $2.55-$2.90
Diluted EPS $0.22 ($0.27 adjusted) vs $0.56 year ago; net sales $4.8B down 2.7%.
Macy's shareholders approve 2024 equity plan and re-elect all 15 directors at annual meeting
Shareholders approved Macy's 2024 Equity and Incentive Compensation Plan with ~88% of votes cast in favor (174M for, 23.9M against).
Macy's adds two Arkhouse nominees to board, forms finance committee to evaluate buyout proposal
Richard Clark and Richard Markee appointed to board effective April 10; Arkhouse withdraws proxy contest.
Macy's sets annual meeting for May 17, 2024; record date March 21, 2024
Annual meeting scheduled for May 17, 2024.
Macy's reports Q4 adjusted EPS $2.45, unveils 'A Bold New Chapter' with ~150 store closures
Q4 GAAP diluted EPS loss of $0.26 (incl. $1.0B impairment); adjusted EPS $2.45 vs $1.88 last year.
Macy's appoints Tony Spring as CEO effective Feb 4, 2024; Jeff Gennette retires after 40 years
Tony Spring, age 58, becomes CEO and Chairman-Elect on Feb 4, 2024, succeeding Jeff Gennette.
Board reviewed unsolicited non-binding proposal received Dec 1, 2023 for $21.00 per share cash.
Macy's Q3 beats expectations; adjusted EPS $0.21 vs $0.52 prior year, net sales $4.86B down 7%
Diluted EPS $0.15, adjusted $0.21; net sales $4.86B down 7% YoY; comparable sales (owned+licensed) down 6.3%.
Macy's Chief Legal Officer Elisa Garcia retires; Wendy Beadles named interim
Elisa D. Garcia retired as EVP, Chief Legal Officer & Secretary effective Oct 31, 2023.
Macy's Q2 net sales $5.13B, down 8% YoY; adjusted EPS $0.26 vs $1.00; reaffirms FY guidance
Diluted EPS ($0.08) includes pension settlement charge; adjusted EPS $0.26 vs $1.00 prior year.
Macy's Q1 net sales $5B (-7% YoY); cuts full-year guidance on weakening consumer demand
Diluted EPS $0.56 (adj. $0.56) vs $0.98 (adj. $1.08) a year ago; net income $155M.
Macy's EVP, Chief Legal Officer Elisa D. Garcia to retire Oct 6, 2023
Garcia, 65, informed Macy's of her retirement after seven years as Chief Legal Officer and Secretary.
Macy's annual meeting votes: all 14 directors elected, KPMG ratified, say-on-pay approved
All 14 director nominees elected with vote totals ranging from 182.9M to 190.2M 'for' votes.
Macy's CEO Jeff Gennette to retire Feb 2024; Tony Spring named president and CEO-elect
Jeff Gennette (61) plans to retire in February 2024 after 40 years with Macy's.
Naveen Chopra appointed independent director effective April 1, 2023; he is EVP and CFO of Paramount Global.
Thomas J. Edwards, Jr., 60, has been appointed Chief Operating Officer and Chief Financial Officer of Macy’s, Inc., effective June 22, 2025.
Adrian V. Mitchell, Chief Operating Officer and Chief Financial Officer, will be leaving the Company.
the Board of Directors elected Robert Chavez as an independent director, effective April 1, 2025.
Sara Levinson will not stand for reelection at the Company's 2025 Annual Meeting of Shareholders in accordance with the mandatory retirement age of the Board's Corporate Governance Principles.
On November 25, 2024, Ashley Buchanan resigned as a director of Macy’s, Inc. (the “Company”).
On October 21, 2024, William H. Lenehan notified Macy’s, Inc. (the “Company”) that he is resigning as a director of the Company effective October 25, 2024.
Upon Mr. Gennette’s resignation, and in accordance with the Company’s previously announced changes to its Board, Tony Spring, Chief Executive Officer and Chairman-elect of the Company, was appointed Chairman of the Board effective immediately.
Pursuant to the Arkhouse Agreement, on April 10, 2024, Messrs. Clark and Markee were selected as directors with a term expiring at the Company’s 2024 Annual Meeting.
On April 10, 2024, Francis S. Blake retired from the Board and from his positions as Chair of the Finance Committee and member of the Compensation & Management Development Committee, effective immediately.
Pursuant to the Arkhouse Agreement, on April 10, 2024, Messrs. Clark and Markee were selected as directors with a term expiring at the Company’s 2024 Annual Meeting.
On April 10, 2024, Jeff Gennette retired from the Board and from his position as Chairman of the Board, effective immediately.
On April 10, 2024, the Company also appointed Douglas W. Sesler to the Board with a term expiring at the Company’s 2024 Annual Meeting.
Max materiality 0.85 · Median 0.60 · Most common event earnings