Company Earnings UpdateMacy’s (NYSE: M) 4Q19 and FY19 Results: 2020 Will Be A Transition Year Coresight Research February 26, 2020 Reasons to ReadMacy’s reported fiscal 4Q19 revenues down 1.4% YoY and full-year results down 1.6% as same-store sales struggle. The company has high hopes for its Polaris turnaround plan, and is taking a number of steps to restore growth, including: Closing stores that account for a big chunk of the fleet (and associated costs) but contribute a much smaller percentage of revenues. Renovating existing stores to better match today’s consumer preferences. Doubling down on its digital offering to better engage customers and drive an omnichannel experience. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Groceryshop 2025 Day One: AI Drives Smarter Operations as Shoppers Seek Value and WellnessEarnings Insights 1Q25, Week 4: Alibaba, Walmart and Others Report Sales Growth While Under Armour Reports Sales Decline—InfographicThree Data Points We’re Watching This Week, Week 23: US Retail Sectors in FocusSector Focus: Off-Price Shopping—Data Graphic
