Macy’s Seeks to Raise Up to $5 Billion in Debt – Report [Yahoo! Finance News]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
macysinc.com/ir
Company Research
Source: Yahoo! Finance News
Macy’s, Inc. According to the debt plan, the department chain will to use its inventory as collateral to raise $3 billion and real estate assets to raise $1 billion to $2 billion, CNBC reported.All of the department chain's 775 stores have been closed since March 18. Macy’s had also announced that it is suspending its quarterly dividend, drawing down on its credit line, freezing both hiring and spending, stopping capital spending, reducing receipts, and cancelling some orders and extending payment terms.This month, Macy’s said that its CFO and Executive Vice President Paula Price will leave the company adding more uncertainty as to how the department chain will navigate its cost-cutting plan and saving measures as it grapples with an economy in turmoil amid the coronavirus-related global lockdowns.Macy’s share price nosedived in recent months losing 70% of its value as result of the financial market downturn. Shares were up 1.7% at $5.31 in U.S. pre-market trading.Four-star analystOli
Show less
Read more
Impact Snapshot
Event Time:
M
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
M alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
M alerts
High impacting Macy's Inc news events
Weekly update
A roundup of the hottest topics
M
News
- Florida authorities arrest 7 people in major retail theft ring, recovering over $900,000 in stolen goods [CBS News]CBS News
- Macy’s, Inc. to Report Fourth Quarter and Fiscal Year 2025 Results on March 18, 2026Business Wire
- 7 Ways Saks Global Chose Bankruptcy Over Luxury Retail: Series Finale [Forbes]Forbes
- 168-year-old mall anchor closing more stores [Yahoo! Finance]Yahoo! Finance
- Where $700 Million Saks Global Left On The Table Is Headed, Part 5 [Forbes]Forbes
M
Earnings
- 12/3/25 - Beat
M
Sec Filings
- 3/3/26 - Form 4
- 2/27/26 - Form 8-K
- 2/18/26 - Form 8-K
- M's page on the SEC website