在第一财季，梅西百货同名品牌依然表现最差。梅西百货自有品牌、授权品牌以及线上市场的同店销售额同比下降 2.1%。尽管如此，Bloomingdale's百货公司和Bluemercury公司(这两家是该公司的高端连锁店)的销售额均有所增长(分 别增长3.8%、1.5%)。 为了扭转梅西百货同名门店的颓势，梅西百货投资了50家门店——被称为"首批50家"——增加了员工数量，提升了陈 列风格，并调整了商品组合。目前，梅西百货已将这一举措扩展到另外75家门店，使受关注门店总数达到125家。这略 高于梅西百货计划保留的350家同名门店的三分之一。这125家门店的业绩表现优于梅西百货品牌的整体表现。梅西百 货旗下自有及授权门店的翻新后可比销售额较去年同期下降了0.8%。 零售商对本年度的预期差异很大，因为美国贸易政策的迅速变化使得企业难以做出准确预测。家得宝公司(HD.US)和沃 尔玛公司(WMT.US)都维持了其年度预期不变，而塔吉特公司(TGT.US)则下调了预期。美鹰服饰公司(AEO.US)则取消 公布指引，理由是打折活动以及库存减值。那些销售日用品的连锁店的经营状况普遍要好于那些销售非必需商品的连 锁店。因为消费者 ...

Financial Performance - Macy's Inc's net sales decreased by 5.1% to $4.6 billion compared to 1Q24[45, 46] - Comparable owned sales decreased by 2.0% versus 1Q24[47, 48] - Comparable owned-plus-licensed-plus-marketplace (O+L+M) sales decreased by 1.2% compared to 1Q24[49, 50] - Adjusted diluted earnings per share (EPS) was $0.16[10, 11] - Gross margin was $1.804 billion, a decrease of 5.1%[57] - Inventory decreased by 0.5% to $4.663 billion[26, 57] Brand Performance - Macy's nameplate comparable O+L+M sales decreased by 2.1% versus 1Q24[15, 56] - Bloomingdale's comparable O+L+M sales increased by 3.8% compared to 1Q24[17, 56] - Bluemercury comparable owned sales increased by 1.5% versus 1Q24[23, 56] Future Outlook - FY25 net sales are projected to be between $21.0 billion and $21.4 billion[67] - FY25 comparable O+L+M sales are expected to decline by 2.0% to 0.5% compared to FY24[67] - 2Q25 net sales are estimated to be between $4.65 billion and $4.75 billion[70]

Financial Performance - Macy's, Inc. reported net sales of $4.6 billion, exceeding prior guidance, with a decrease of 5.1% compared to the first quarter of 2024[5]. - Comparable sales were down 2.0% on an owned basis and down 1.2% on an owned-plus-licensed-plus-marketplace basis, surpassing previous guidance[5]. - GAAP diluted EPS was $0.13, and adjusted diluted EPS was $0.16, both above the company's prior guidance range[5]. - Net sales for the 13 weeks ended May 3, 2025, were $4,599 million, a decrease of 5.1% compared to $4,846 million for the same period in 2024[28]. - Total revenue for the same period was $4,793 million, down from $5,000 million, reflecting a decline of 4.1%[28]. - Net income decreased to $38 million, compared to $62 million in the prior year, representing a decline of 38.7%[28]. - Basic earnings per share were $0.14, down from $0.22, a decrease of 36.4%[28]. - Adjusted diluted earnings per share for the 13 weeks ended May 3, 2025, was $0.16, down from $0.27 for the same period in 2024, a decrease of 40.7%[47]. Sales Growth - Bloomingdale's achieved comparable sales growth of 3.0% on an owned basis and 3.8% on an owned-plus-licensed-plus-marketplace basis[5]. - Bluemercury reported a 1.5% increase in comparable sales, marking its 17th consecutive quarter of growth[5]. - Comparable sales for Bloomingdale's increased by 3.0% on an owned basis for the 13 weeks ended May 3, 2025[45]. - The impact of departments licensed to third parties contributed 0.8% to comparable sales on an owned-plus-licensed-plus-marketplace basis for Macy's[45]. - The decrease in comparable sales on an owned basis for Macy's go-forward business was 1.8% for the 13 weeks ended May 3, 2025[45]. - The company experienced a decrease in comparable sales on an owned-plus-licensed basis of 0.8% for the 13 weeks ended May 3, 2025[45]. Financial Returns and Guidance - The company returned approximately $152 million to shareholders, including $51 million in cash dividends and $101 million in share repurchases[5]. - The company expects annual net sales guidance to remain unchanged at $21.0 billion to $21.4 billion for 2025[19]. - Adjusted diluted earnings per share guidance for 2025 is projected to be between $1.60 and $2.00[19]. Operational Metrics - Adjusted EBITDA was $324 million, or 6.8% of total revenue, compared to $364 million, or 7.3% of total revenue in the first quarter of 2024[11]. - Adjusted EBITDA for the 13 weeks ended May 3, 2025, was $324 million, down from $364 million for the same period in 2024, representing a decrease of 11%[46]. - Core Adjusted EBITDA for the 13 weeks ended May 3, 2025, was $308 million, down from $363 million for the same period in 2024, a decrease of 15.1%[46]. Cash Flow and Assets - Cash and cash equivalents at the end of the period were $932 million, down from $1,306 million[30]. - Total assets decreased to $16,089 million from $16,402 million, a decline of 1.9%[30]. - Total current liabilities decreased to $4,387 million from $4,524 million, a reduction of 3.0%[30]. - The company reported a net cash used by operating activities of $64 million, compared to a net cash provided of $129 million in the prior year[33]. - The company incurred $100 million in capital expenditures during the period, down from $154 million in the previous year[33]. Debt and Financial Adjustments - The company reported a loss on extinguishment of debt of $3 million for the 13 weeks ended May 3, 2025[46].

Core Viewpoint - Macy's has reduced its full-year profit guidance despite beating quarterly earnings expectations, citing higher tariffs, increased promotions, and moderation in discretionary spending as reasons for the adjustment [1][2]. Financial Performance - For fiscal 2025, Macy's adjusted earnings per share forecast is now $1.60 to $2, down from $2.05 to $2.25 [2]. - The company reaffirmed its full-year sales guidance of $21 billion to $21.4 billion, a decline from $22.29 billion in the previous year [2]. - In the fiscal first quarter, Macy's net income was $38 million (13 cents per share), down from $62 million (22 cents per share) in the same period last year [2]. - Sales decreased from $4.85 billion in the year-ago quarter [2]. Store Performance and Strategy - Macy's plans to close about 150 underperforming stores by early 2027, with comparable sales across its owned and licensed business declining 2.1% year over year [4]. - Comparable sales for the remaining stores, excluding those set to close, declined 1.9% [4]. - The company has invested in 125 locations, referred to as the "First 50" initiative, to enhance performance through increased staffing and improved merchandise displays [5][6]. Leadership Changes - Macy's announced key leadership changes, including the appointment of Thomas Edwards as the new CFO, effective June 22 [8]. Market Performance - As of the latest close, Macy's shares have decreased by approximately 29% this year, underperforming the S&P 500's nearly 1% gains [9].

Group 1 - Macy's, Inc. is set to release its first-quarter earnings results on May 28, with analysts expecting earnings of 15 cents per share, a decrease from 27 cents per share in the same period last year [1] - The projected quarterly revenue for Macy's is $4.43 billion, down from $4.85 billion a year earlier [1] - The company's board declared a regular quarterly dividend of 18.24 cents per share on May 16 [1] Group 2 - Macy's shares increased by 4.1% to close at $12.04 on Tuesday [2] - Recent analyst ratings show a mix of downgrades and maintained ratings, with Morgan Stanley maintaining an Equal-Weight rating and lowering the price target from $14 to $12 [7] - Goldman Sachs downgraded Macy's from Buy to Neutral, cutting the price target from $17 to $12 [7]

Macy’s, Inc. M will release its first-quarter financial results before the opening bell on Wednesday, May 28.Analysts expect the company to report quarterly earnings at 14 cents per share, down from 27 cents per share in the year-ago period and quarterly revenue of $4.5 billion, compared to $4.85 billion a year earlier, according to data from Benzinga Pro.On May 6, Morgan Stanley analyst Alex Straton maintained Macy’s with an Equal-Weight rating and lowered the price target from $14 to $12.With the recent b ...

Core Viewpoint - Analysts project that Macy's will report a quarterly earnings of $0.14 per share, reflecting a 48.2% decline year over year, with revenues expected to be $4.46 billion, down 8% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 3.7% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Key Metrics Projections - Analysts estimate 'Net Sales' to reach $4.45 billion, representing an 8.1% decline from the previous year [5]. - 'Net Sales - Other Revenue' is projected at $177.43 million, indicating a year-over-year increase of 15.2% [5]. - 'Net Sales - Other Revenue - Macy's Media Network revenue, net' is expected to be $43.74 million, reflecting an 18.2% increase from the year-ago quarter [5]. Store Count Projections - Analysts forecast 'Store Count - End of Period - Bluemercury' to be 173, up from 158 in the same quarter last year [6]. - 'Macy's Stores - Boxes (EOP)' is expected to reach 452, down from 503 in the same quarter last year [6]. - The average prediction for 'Consolidated Number of stores' is 687, compared to 718 a year ago [6]. Stock Performance - Over the past month, Macy's shares have returned +8.2%, while the Zacks S&P 500 composite has changed +10.7% [7]. - Macy's currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the overall market in the near future [7].

Company Overview - Myriad Uranium Corp. is a uranium exploration company with a 75% interest in the Copper Mountain Uranium Project located in Wyoming, USA, which has historical uranium deposits and mines, including the Arrowhead Mine that produced 500,000 lbs of U3O8 [3] - The company has also acquired a 100% interest in the Red Basin Uranium Project in New Mexico, which has a near-surface historical resource of 0.5 million lbs indicated and 1.5 to 6.5 million lbs inferred at grades ranging from 1,700 to 3,100 ppm [3] Warrant Extension - Myriad Uranium Corp. is extending the expiration date of 884,668 warrants from June 1, 2025, to June 1, 2026, with an exercise price of $0.35 per share, while all other terms remain unchanged [1] - A director of the company holds 50,000 of these warrants, and the extension is classified as a "related party transaction," exempt from formal valuation and minority shareholder approval due to its fair market value being below 25% of the company's market capitalization [2]

Core Viewpoint - Macy's is anticipated to report a year-over-year decline in earnings and revenues for the quarter ended April 2025, which could significantly influence its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on May 28, 2025, with a consensus EPS estimate of $0.14, reflecting a year-over-year decrease of 48.2% [3]. - Revenues are projected to be $4.47 billion, down 7.7% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 3.66% over the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +2.11% suggests that analysts have recently become more optimistic about Macy's earnings prospects, despite the stock's Zacks Rank of 4, which complicates predictions of an earnings beat [10][11]. Earnings Surprise History - In the last reported quarter, Macy's exceeded the expected EPS of $1.55 by delivering $1.80, resulting in a surprise of +16.13% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Market Reaction Considerations - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment [14]. - While Macy's does not appear to be a strong candidate for an earnings beat, it is essential for investors to consider additional factors before making investment decisions [16].

Core Viewpoint - Macy's has been recognized as a Top 25 dividend stock, showcasing attractive valuation and strong profitability metrics [1][2]. Valuation Metrics - The current share price of Macy's is $12.23, which corresponds to a price-to-book ratio of 0.7 [1]. - The average company in the Dividend Channel's coverage universe has a price-to-book ratio of 2.5 [1]. Dividend Yield - Macy's offers an annual dividend yield of 5.97%, significantly higher than the average yield of 4.1% in the coverage universe [1]. - The annualized dividend paid by Macy's is $0.7296 per share, distributed quarterly [2]. Dividend History - Macy's has a strong quarterly dividend history, which is crucial for assessing the sustainability of its dividends [1][2]. - The most recent dividend ex-date was on June 13, 2025 [2]. Investment Appeal - The report emphasizes that value-oriented dividend investors are interested in companies that are both profitable and attractively valued, which Macy's exemplifies [2].