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MarketScreener Homepage  >  Equities  >  Nyse  >  Macy's    M

MACY'S

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Macy's : Nope, Virginia, no Santa at Macy's this holiday

10/26/2020 | 09:51am EST

The COVID-19 pandemic is prompting the elimination of a longstanding tradition this holiday season — the opportunity to sit on Santa's lap at Macy's.

Santa will not be at any of the retailer's locations for the first time in the 159 years, according to a press release. Instead Santa is going digital.

"To replicate the magical experience of visiting Macy's Santaland for children and their families, we will shift to a virtual engagement this year," Susan Tercero, Macy's vice president, branded entertainment, said in the release. The virtual experience will be available from Nov. 27-Dec. 24.

Copyright © 2020 Networld Media. All rights reserved., source Industry News

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Financials (USD)
Sales 2021 17 034 M - -
Net income 2021 -4 138 M - -
Net Debt 2021 4 152 M - -
P/E ratio 2021 -0,83x
Yield 2021 3,49%
Capitalization 3 367 M 3 367 M -
EV / Sales 2021 0,44x
EV / Sales 2022 0,35x
Nbr of Employees 123 000
Free-Float 91,9%
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Technical analysis trends MACY'S
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TrendsBullishBullishNeutral
Income Statement Evolution
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Mean consensus UNDERPERFORM
Number of Analysts 18
Average target price 8,41 $
Last Close Price 10,85 $
Spread / Highest target 50,2%
Spread / Average Target -22,4%
Spread / Lowest Target -72,4%
EPS Revisions
Managers
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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