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MarketScreener Homepage  >  Equities  >  Nyse  >  Macy's    M

MACY'S

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Macy's : Macy's Thanksgiving Day Parade takes flight in virus times

11/26/2020 | 02:32pm EST

NEW YORK (AP) — The balloons were in the sky and the marching bands took to the streets for the annual Macy’s Thanksgiving Day Parade on Thursday, but coronavirus restrictions meant it was without the throngs of people usually scrambling for a view.

Instead of its typical path through Manhattan, this year's parade was kept to the area in front of Macy's flagship store and aimed at a television audience instead of live crowds.

There were some familiar balloon faces, of course, including Snoopy, Ronald McDonald, and SpongeBob SquarePants.

But the bigger balloons were missing the numerous handlers who would normally be walking underneath and holding the ropes. This year, they were attached to vehicles that kept them moving and decreased the number of people needed.

A number of entertainers performed, including Pentatonix, Keke Palmer and Sofia Carson, and a slew of Broadway shows were represented in taped performances from their casts.

Even with the pandemic protocols, the fact that the parade took place made it a rare festivity in a city that has seen most of its major events cancelled over the last year because of the virus.

The parade organizers recognized that reality, including representatives of some of the New York City parades that hadn't been able to happen — the St. Patrick’s Day Parade, the Mermaid Parade, the Puerto Rican Day Parade and NYC Pride March.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

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Financials (USD)
Sales 2021 17 043 M - -
Net income 2021 -4 099 M - -
Net Debt 2021 4 154 M - -
P/E ratio 2021 -0,94x
Yield 2021 3,07%
Capitalization 3 831 M 3 831 M -
EV / Sales 2021 0,47x
EV / Sales 2022 0,37x
Nbr of Employees 123 000
Free-Float 91,9%
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Technical analysis trends MACY'S
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Mean consensus UNDERPERFORM
Number of Analysts 18
Average target price 8,99 $
Last Close Price 12,34 $
Spread / Highest target 32,1%
Spread / Average Target -27,2%
Spread / Lowest Target -67,6%
EPS Revisions
Managers and Directors
NameTitle
Jeffrey Gennette Chairman & Chief Executive Officer
John T. Harper Chief Operating Officer & Executive Vice President
Adrian Mitchell Chief Financial Officer
Naveen Krishna Chief Technology Officer
Sara L. Levinson Independent Director
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