-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P0ZqM1+G9+hzAibGJyci3a7fJVrNjSNzpsPhYxLidjMd0qribGpQ+X+2r2pAdJ6F 3G8qequuKdlBn/dRF19w4Q== 0000794367-10-000120.txt : 20100506 0000794367-10-000120.hdr.sgml : 20100506 20100506104653 ACCESSION NUMBER: 0000794367-10-000120 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100506 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100506 DATE AS OF CHANGE: 20100506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Macy's, Inc. CENTRAL INDEX KEY: 0000794367 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 133324058 STATE OF INCORPORATION: DE FISCAL YEAR END: 0128 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13536 FILM NUMBER: 10804551 BUSINESS ADDRESS: STREET 1: 7 WEST SEVENTH STREET CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5135797000 MAIL ADDRESS: STREET 1: 7 W SEVENTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED DEPARTMENT STORES INC /DE/ DATE OF NAME CHANGE: 19950307 FORMER COMPANY: FORMER CONFORMED NAME: R H MACY & CO INC DATE OF NAME CHANGE: 19950307 FORMER COMPANY: FORMER CONFORMED NAME: MACY ACQUIRING CORP DATE OF NAME CHANGE: 19861124 8-K 1 es8k050610.htm 8-K FILED ON 5-06-2010 _

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

 

Date of Report:  May 6, 2010

 

 

 

MACY'S, INC.

 

7 West Seventh Street, Cincinnati, Ohio 45202
(513) 579-7000

 

-and-

 

151 West 34th Street, New York, New York 10001
(212) 494-1602

 

 

Delaware

1-13536

13-3324058

(State of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

 

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[   ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[   ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[   ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[   ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

 

Item 2.02.

Results of Operations and Financial Condition.

 

 

On May 6, 2010, Macy's, Inc. (“Macy's”) issued a press release announcing Macy's sales for the fiscal quarter ended May 1, 2010.  The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)

Exhibits

 

 

 

 

 

99.1

Press Release of Macy's dated May 6, 2010.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

MACY'S, INC.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

MACY'S, INC.

 

 

Dated:  May 6, 2010

By:  /s/ Dennis J. Broderick

 

Name:  Dennis J. Broderick

 

Title:  Executive Vice President, General Counsel and Secretary

 


 

Index to Exhibits

 

Index

Number

 

99.1                                          Press Release of Macy's dated May 6, 2010.

 EX-99.1 2 esexhibit9912.htm PRESS RELEASE DATED 5-06-2010

Exhibit 99.1

 

            macy's inc.

 

 

  Contacts:

                        Media - Jim Sluzewski

               513/579-7764

                             Investor - Susan Robinson

               513/579-7780

 

FOR IMMEDIATE RELEASE

 

MACY'S, INC. SAME-STORE SALES UP 1.1% IN APRIL

Q1 same-store sales up 5.5%; Company raises Q1 EPS guidance

 

CINCINNATI, Ohio, May 6, 2010 – Macy's, Inc. today reported total sales of $1.739 billion for the four weeks ended May 1, 2010, an increase of 2.8 percent compared with total sales of $1.691 billion in the four weeks ended May 2, 2009. On a same-store basis, Macy's, Inc. sales were up 1.1 percent in April. This exceeds guidance for April sales to be about flat to last year.

 

As previously reported, an early Easter in 2010 shifted some sales into March and out of the April reporting period. For March-April combined, same-store sales were up 6.2 percent in 2010.

 

“Our business has continued to perform well, with Bloomingdale's and all eight Macy's regions at or above expectations for sales in April and the first quarter,” said Terry J. Lundgren, chairman, president and chief executive officer of Macy's, Inc. “Fresh new inventory, including private and exclusive brands, is being well received by customers in our stores and online. This, together with the continued positive results from My Macy's localization, bodes well for our business in the months ahead.”

 

For the first quarter, Macy's, Inc.'s sales totaled $5.578 billion, up 7.3 percent from total sales of $5.199 billion in the first 13 weeks of 2009. On a same-store basis, Macy's, Inc.'s first quarter sales were up 5.5 percent. This exceeds guidance for first quarter same-store sales to be up approximately 5 percent.

 

Online sales (macys.com and bloomingdales.com combined) were up 23.4 percent in April and 34.0 percent in the first quarter. Online sales positively affected the company's same-store sales by 0.9 percentage points in the first quarter. Online sales are included in the same-store sales calculation for Macy's, Inc.

 

Based on better-than-expected April sales results, Macy's, Inc. has increased its earnings guidance for the first quarter of 2010. The company currently expects first quarter earnings of 2 cents to 4 cents per diluted share. This compares with previous guidance, provided on April 27, for the quarter to be approximately break-even.  

 

The company noted a calendar shift in which the week of Memorial Day falls into June this year versus May last year. This shift will depress sales in May and benefit sales in June.

 

Macy's, Inc. is slated to report its first quarter earnings on Wednesday, May 12, and will webcast a call with financial analysts and investors that day at 10:30 a.m. (ET). Macy's, Inc.'s webcast is accessible to the media and general public via the company's Web site at www.macysinc.com. Analysts and investors may call in on 1-866-454-4205, passcode 5027164. A replay of the conference call can be accessed on the Web site or by calling 1-888-203-1112 (same passcode) about two hours after the conclusion of the call.

 

Macy's, Inc., with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2009 sales of $23.5 billion. The company operates about 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company also operates macys.com and bloomingdales.com. Prior to June 1, 2007, Macy's, Inc. was known as Federated Department Stores, Inc.

 

All statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of Macy's management and are subject to significant risks and uncertainties. Actual results could differ materially from those expressed in or implied by the forward-looking statements contained in this release because of a variety of factors, including conditions to, or changes in the timing of, proposed transactions, prevailing interest rates, changes in expected synergies, cost savings and non-recurring charges, competitive pressures from specialty stores, general merchandise stores, manufacturers' outlets, off-price and discount stores, new and established forms of home shopping (including the Internet, mail-order catalogs and television) and general consumer spending levels, including the impact of the availability and level of consumer debt, the effect of weather and other factors identified in documents filed by the company with the Securities and Exchange Commission.

 

#   #   #

 

(NOTE: Additional information on Macy's, Inc., including past news releases, is available at www.macysinc.com/pressroom).

 

 

 

 

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