Macy's Inc (NYSE:M) is 16.1% higher at $20.92 this morning, after Arkhouse Management revised its buyout offer. Specifically, Arkhouse and Brigade Capital Management raised their buyout offer for the department store giant to $24 per share, or about $6.6 billion. Call traders are piling on M after the news. Already, more than 26,000 bullish bets -- or 5 times the intraday average volume -- have crossed the tape, compared to just 12,000 puts. Most popular by far is the April 21 call, followed by the 23 call ...

Department store chain Macy’s (NYSE:M) stock rose 15% over the weekend after an investor group raised their bid for the company to $6.6 billion. The potential buyers bid $5.8 billion for the company last December but were turned down by the board.Arkhouse Management and Brigade Capital are now offering $24 per share for the stock. M stock opened this morning at $20.54 per share.The Arkhouse BrigadeSince the first bid was rejected, Arkhouse has announced it is challenging Macy’s board in a proxy fight. It of ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Macy's 收购要约 - Arkhouse Management 和 Brigade Capital Management 提高了对 Macy's 的收购要约，每股报价为 $24，比之前的 $21 每股要约高出约 14% [1] - 新要约为公司的最后收盘价 $18.01 的约 33% 的溢价，估值为 $66 亿 [3] - Macy's 董事会将仔细审查和评估最新的提议 [5] Macy's 董事会挑战 - Macy's 面临来自 Arkhouse Management 的董事会挑战，该投资公司上个月提名了九位董事候选人，其中包括具有零售、房地产和资本市场经验的高管 [8]

Macy’s, Inc. (M) reported fourth-quarter fiscal 2023 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Total revenues declined and earnings increased from the year-ago quarter’s reported figures. Comparable sales fell on an owned basis and an owned-plus-licensed basis.Despite the challenges resulting from shifting consumer spending toward non-discretionary items, Macy's focus on offering new and relevant private and national brands helped it stay competitive. This period show ...

梅西百货店关闭计划 - 梅西可能决定关闭旧金山联合广场区域的梅西百货店[1] - 梅西计划到2026年关闭约150家效益不佳的店铺[4] 梅西百货店房地产评估 - 梅西正在评估该店的房地产价值和未来销售增长盈利潜力[2]

Macy's plan to close 150 unproductive stores will help solidify its long-term growth.getty Macy’s released its full-year sales results which showed revenue down 5.5% in 2023 compared to 2022. More concerning for the department store is that comparable store sales were down 6.9%, which is a performance comparison to the same stores open last year and this past year (comparable stores would not include new stores opened or closed within the year). In a move to focus on sustainable growth, the company announce ...

梅西门店战略调整 - 梅西宣布了一项新战略，计划关闭150家门店并增加更多的Bloomingdale's和Bluemercury门店[1] - 公司计划关闭150家“效益不佳”的梅西门店，并在未来三年内扩大其小型店铺[5] Arkhouse Management代理人之争 - Arkhouse Management在梅西拒绝了一项收购提议后发起了一场代理人之争[2] 梅西股价波动 - 梅西股价在周二盘中交易中上涨了近5%，宣布关闭150家门店以应对财务困境，并试图阻止一名激进投资者[3]

A Bold New Chapter Q4 2023 Earnings Safe Harbor Statement All statements in this presentation that are not statements of historical fact are forward-looking statements within the meaning of the Privat ...

财务数据和关键指标变化 - 第四季度净销售额为81.2亿美元,同比下降1.7% [60] - 第四季度经调整每股收益为2.45美元,高于上年同期的1.88美元 [67] - 全年资产减值、重组及其他成本约10亿美元,主要与计划在未来3年内关闭的约150家门店相关 [67] - 2023财年经营现金流13亿美元,资本支出9.93亿美元,自由现金流4亿美元 [68] 各条业务线数据和关键指标变化 - 梅西百货同店销售(含线上)下降4.7%,但去向非重点门店的同店销售表现优于重点门店约500个基点 [61] - 布鲁明戴尔百货同店销售(含线上)下降1.6%,Bluemercury连续12个季度同店销售增长,同比增长2.3% [62][63] - 私有品牌销售占比约15%,较2022年的16%有所下降,未来将重塑现有品牌并推出新品牌 [32] 各个市场数据和关键指标变化 - 公司正计划在未来3年内关闭约150家梅西百货门店,这些门店占公司总面积的25%但贡献不到10%的销售额 [25][26] - 公司计划在未来3年内新开30家小型梅西百货门店,并扩张布鲁明戴尔百货和Bluemercury的门店数量约20% [17][44] 公司战略和发展方向及行业竞争 - 公司提出"全新篇章"战略,未来3年内将重点做以下3件事:1)强化梅西百货品牌,实现收入增长;2)加速发展奢侈品业务;3)简化并现代化端到端运营 [15] - 公司计划通过关闭非重点门店、优化门店组合、提升商品组合相关性和购物体验等措施,推动梅西百货品牌恢复增长 [22][33] - 公司将加快布鲁明戴尔百货和Bluemercury的门店扩张,未来3年内计划新开15家门店,以抓住奢侈品市场的增长机会 [44][47] 管理层对经营环境和未来前景的评论 - 尽管消费者持续将支出转向非必需品,但公司通过新推出的私有品牌和热门国际品牌,有效应对了市场压力 [13] - 公司认为2024财年将是过渡和投资年,2025年开始将实现低单位数的同店销售增长、中单位数的EBITDA增长和自由现金流恢复至疫情前水平 [16][80] - 公司将通过关闭非重点门店、优化门店组合、提升商品组合相关性和购物体验等措施,推动梅西百货品牌恢复增长 [22][33] 问答环节重要的提问和回答 问题1 **Matthew Boss 提问** 如何优先执行加强梅西百货品牌的举措,以及多元化品牌组合的竞争优势 [93] **Tony Spring 回答** 公司将通过关闭非重点门店、优化商品组合、提升购物体验等措施,推动梅西百货品牌恢复增长 [94] 公司多元化的品牌组合,包括梅西百货、布鲁明戴尔百货和Bluemercury,能够更好地满足不同客户群体的需求 [94] 问题2 **Oliver Chen 提问** 公司对毛利率的预期和奢侈品业务的增长潜力 [101] **Adrian Mitchell 回答** 公司将继续保持健康的毛利率水平,通过库存管理、交付成本优化等措施来提升毛利率 [102][103] 公司看好布鲁明戴尔百货和Bluemercury的增长潜力,未来3年内计划加快门店扩张 [103] 问题3 **Brooke Roach 提问** 关闭150家梅西百货门店的计划,以及如何保护受影响门店的电商销售 [109] **Tony Spring 回答** 关闭非重点门店是为了优化门店组合,集中资源投入到表现更好的350家重点门店 [110] 公司将通过邻近门店和数字渠道,尽量减少关店对电商销售的影响 [110][111]