(M) Macy’s - Ratings and Ratios

Macys, Inc. (NYSE:M) is a storied American retailer with a legacy spanning nearly two centuries. As an omni-channel retail organization, Macys operates a network of stores, websites, and mobile applications across the United States. The companys product portfolio is diverse, offering apparel and accessories for men, women, and children, cosmetics, home furnishings, and other consumer goods under its flagship Macys brand, the upscale Bloomingdales, and the beauty-focused bluemercury. This multi-brand strategy allows Macys to cater to a wide range of customers, from budget-conscious shoppers to luxury buyers.

Beyond its domestic operations, Macys has an international presence through license agreements in Dubai, United Arab Emirates, and Al Zahra, Kuwait. This strategic expansion underscores the companys efforts to leverage its brand recognition and retail expertise in growth markets. Macys, Inc. was previously known as Federated Department Stores, Inc., but rebranded in 2007 to align its corporate identity more closely with its iconic Macys brand. Founded in 1830 and headquartered in New York, New York, the company has weathered economic cycles and retail evolution, adapting to changing consumer preferences and technological advancements.

For investors and fund managers, Macys financial metrics provide insight into its current standing. With a market capitalization of approximately $4.05 billion, the company operates at a scale that offers both stability and potential for growth. The trailing P/E ratio of 23.78 reflects investor expectations for future earnings, while the forward P/E of 5.55 suggests a more optimistic outlook. The price-to-book (P/B) ratio of 0.98 indicates that the market values the companys assets at near book value, a point of consideration for value investors. The price-to-sales (P/S) ratio of 0.17 highlights the companys revenue generation relative to its market value.

As a retailer navigating the challenges of a rapidly changing industry, Macys is focused on its omni-channel strategy, aiming to integrate its physical and digital platforms seamlessly. This approach is critical in a retail landscape where consumer behavior increasingly favors convenience, personalization, and a hybrid shopping experience. While the company faces headwinds such as declining foot traffic in brick-and-mortar stores and competition from e-commerce giants, its efforts to modernize operations, optimize inventory, and enhance customer engagement position it to remain competitive. For investors, Macys represents a blend of retail tradition