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OFFON

MACY'S, INC.

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Macy : July Fourth fireworks show will be back this year

06/10/2021 | 12:11pm EDT

NEW YORK (AP) — The traditional Macy's Fourth of July fireworks show will return to New York City this year after the pandemic forced changes to the celebration in 2020, Mayor Bill de Blasio said Thursday.

“This is really great, a tremendous sign of the rebirth of New York City,” de Blasio said at a virtual briefing.

The fireworks will be launched from five barges in the East River starting at 9:25 p.m. on July 4, said Will Coss, executive producer of the show.

The show will be broadcast live on NBC as part of a two-hour special featuring the Black Pumas, Coldplay, OneRepublic and Reba McEntire, officials from Macy's and NBC said.

The big show was replaced by several small, unannounced fireworks displays last year in order to prevent crowds from gathering during the height of the COVID-19 pandemic.

De Blasio said there will be dedicated areas for fully vaccinated people to enjoy this year's show, along with other areas for people who are not vaccinated or who want to join together with people who are not vaccinated.

Copyright 2021 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 This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News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 2022 22 166 M - -
Net income 2022 635 M - -
Net Debt 2022 2 439 M - -
P/E ratio 2022 8,37x
Yield 2022 -
Capitalization 5 302 M 5 302 M -
EV / Sales 2022 0,35x
EV / Sales 2023 0,33x
Nbr of Employees 75 711
Free-Float 99,8%
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Mean consensus UNDERPERFORM
Number of Analysts 17
Last Close Price 17,00 $
Average target price 19,19 $
Spread / Average Target 12,9%
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Managers and Directors
Jeffrey Gennette Chairman & Chief Executive Officer
Adrian V. Mitchell Chief Financial Officer
Laura M. Miller Chief Information Officer
John T. Harper Chief Operating Officer & Executive Vice President
Sara L. Levinson Independent Director
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