Macy's Inc
BRIEF: For the 13 weeks ended 04 May 2013, Macy's, Inc. revenues increased 4% to $6.39B. Net income increased 20% to $217M. Revenues reflect Retail Sales increase of 4% to $6.39B. Net income benefited from Interest expense decrease of 14% to $97M (expense). Dividend per share increased from $0.20 to $0.25. Basic Earnings per Share excluding Extraordinary Items increased from $0.43 to $0.56.
Common Stock $.01 Par, 4/11, 1B auth., 425,200,000 issd. Insiders own 0.27%. PO 5/92, 46Mshares @ $11.50 by Shearson Lehman Bros. FY'00 & '01 have been restated for the discontinued operations of Fingerhut. 06/07, Name changed from Federated Department Stores, Inc.
Macy’s, Inc. (Macy’s) is a retail organization operating stores and Internet Websites under two brands (Macy's and Bloomingdale's) that sell a range of merchandise, including apparel and accessories (men's, women's and children's), cosmetics, home furnishings and other consumer goods in 45 states, the District of Columbia, Guam and Puerto Rico. As of January 28, 2012, the Company's operations were conducted through Macy's, macys.com, Bloomingdale's, bloomingdales.com and Bloomingdale's Outlet. During the year ended December 31, 2011, the Company opened three new Bloomingdale's Outlet stores and re-opened one Macy's store. On February 25, 2011, the Company sold its investment in The Knot, Inc.
