62.5% Comparable sales on an owned basis versus Q1 2020
$4.7B
(10.5%)
Comparable sales on an owned basis versus Q1 2019
Net sales
63.9% Comparable sales on an owned plus licensed basis versus Q1 2020
(10.0%)
Comparable sales on an owned plus licensed basis versus Q1 2019
34%
37
505
4%
17
60
%
M
%
%
Digital penetration
Approx. # of
Conversion rate*
Vendor direct %
Digital demand
Digital sales Q1 2020
of net sales
unique visitors*
9%
Q1 2019
of digital sales*
sales from
32% Q1 2019
22% Q1 2019
mobile devices*
Q2 2021FY 2021
GUIDANCE
$4.9B - $5.0B
$0.03 - $0.12
$21.73B - $22.23B
$1.71 - $2.12
Net sales
Adjusted diluted EPS
Net sales
Adjusted diluted EPS
"In our first quarter we outperformed sales expectations across all three of our brands: Macy's, Bloomingdale's and Bluemercury. We built on our momentum from the fourth quarter and our sales trend continued to improve throughout the first quarter. These results were driven by the positive effects of the government stimulus program and expanding vaccine rollout, coupled with the accelerated execution of our Polaris strategy, including investments in our digital platforms. Macy's remains a fashion and style source for customers as a digitally led omnichannel retailer. As consumers seek to re-engage with each other, we are seeing promising signs that our core customers are shopping again, and we continue to attract new customers who increasingly begin their shopping experience with us online. As we look to the rest of the year, we are hyper-focused on meeting consumers' demand for speed, convenience and a seamless omnichannel shopping experience. With a healthier economy and the reopening of communities as the backdrop to the execution of our Polaris strategy, we are well positioned to deliver sustainable, profitable growth in 2021 and the years beyond."
Jeff Gennette | Macy's chairman & chief executive officer
*Figures above reflect Macys.com only.
Any forward-looking statements made in this infographic are subject to the safe harbor statement found in Macy's SEC filings and press releases. The Company's first quarter 2021 earnings release and related financial information are available on its website, www.macysinc.com. Also available on the website is an investor presentation. This infographic includes non-GAAP financial measures that exclude the impact of certain financial statement items as described in the first quarter 2021 press release.
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Macy's Inc. published this content on 18 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 11:06:00 UTC.
Macy's, Inc. is an omni-channel retail company. The Company operates stores, websites and mobile applications under three brands, Macy's, Bloomingdale's and Bluemercury, which sell a range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company has stores in 43 states, the District of Columbia, Puerto Rico and Guam. Its operations are conducted through Macy's, Macy's Backstage, Macy's small format, Bloomingdale's, Bloomingdale's The Outlet, Bloomie's, and Bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Belgique, Cerulean 6, Charter Club, Club Room, Epic Threads, Family PJ's, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, and others.