Macy's new AI tool drives 400% sales jump for the dividend stock [Yahoo! Finance]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: Yahoo! Finance
The company recently launched " Ask Macy's ," a shopping assistant powered by Google's Gemini AI Before the full rollout, it was quietly tested with about half of the website's visitors. The results were striking. Shoppers who engaged with the chatbot spent roughly 4.75 times as much as those who didn't, according to Bloomberg It indicates a structural change in how customers shop and could be a key driver for Macy's future dividend growth. What Macy's dividend investors should know For income-focused investors, Macy's (M) has quietly been doing the right things with its cash. Over the last five years, despite slowing growth, Macy's has raised its quarterly dividend to $0.192 per share in 2026 from $0.15 per share in 2021 Currently, Macy's offers shareholders an attractive forward yield of 4.3% Macy's annual dividend expense is about $200 million . Comparatively, Macy's is forecast to report free cash flow of more than $700 million in fiscal 2027 (ending in January), indi
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M
News
- 67-year-old retailer quietly closes stores in major shift [Yahoo! Finance]Yahoo! Finance
- Macy's (M) had its "market perform" rating reaffirmed by Telsey Advisory Group. They now have a $20.00 price target on the stock.MarketBeat
- Macy’s, Inc. to Participate in J.P. Morgan 12th Annual Retail Round UpBusiness Wire
- Macy's 4.75X Shopping Jump Proves AI Can Move The Top Line [Yahoo! Finance]Yahoo! Finance
- Macy's just launched an AI-powered shopping assistant. Customers who use it spend nearly 400% more [Yahoo! Finance]Yahoo! Finance
M
Earnings
- 3/18/26 - Beat
M
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- M's page on the SEC website