0000794367-11-000079.txt : 20110505 0000794367-11-000079.hdr.sgml : 20110505 20110505102715 ACCESSION NUMBER: 0000794367-11-000079 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110505 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110505 DATE AS OF CHANGE: 20110505 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: 0129 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13536 FILM NUMBER: 11813020 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 es8k050511.htm FORM 8-K FILED ON MAY 5, 2011

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 5, 2011

 

 

 

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 5, 2011, Macy's, Inc. (“Macy's”) issued a press release announcing Macy's sales for the fiscal quarter ended April 30, 2011.  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 5, 2011.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

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 5, 2011

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 5, 2011.

 EX-99.1 2 esexhibit991.htm PRESS RELEASE DATED MAY 5, 2011

                                                                                                                                                                                                                                                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 10.8% IN APRIL

Company exceeds expectations with 5.3% same-store sales growth

in March-April and 5.4% same-store sales growth in Q1

 

CINCINNATI, Ohio, May 5, 2011 – Macy's, Inc. today reported total sales of $1.924 billion for the four weeks ended April 30, 2011, an increase of 10.9 percent compared with total sales of $1.735 billion in the four weeks ended May 1, 2010. On a same-store basis, Macy's, Inc. sales were up 10.8 percent in April. This exceeds guidance for April sales to be up by 8 percent to 9 percent.

 

As previously reported, a late Easter in 2011 shifted some sales into April and out of the March reporting period. For March-April combined, same-store sales were up 5.3 percent in 2011. This exceeds March-April same-store sales guidance, which initially was for an increase of 3 percent, then raised on April 7 to a range of 4 to 4.5 percent.

 

“April was another strong month for our company. Macy's and Bloomingdale's both performed well in stores and online. As a result, we also exceeded our own aggressive expectations for the combined March-April period and for the first quarter,” said Terry J. Lundgren, chairman, president and chief executive officer of Macy's, Inc. “Sales throughout the quarter were especially robust in southern climate zones, which bodes well for our spring fashion offering as the weather becomes warmer and drier in northern markets. We continue to be encouraged and confident with the ongoing implementation of key strategies, such as My Macy's localization and omnichannel integration that allows us to serve customers' needs whenever and however they chose to shop from inventory no matter where it exists across the company.”

 

For the first quarter, Macy’s, Inc.'s sales totaled $5.892 billion, up 5.7 percent from total sales of $5.574 billion in the first 13 weeks of 2010. On a same-store basis, Macy's, Inc.'s first quarter sales were up 5.4 percent.

 

Online sales (macys.com and bloomingdales.com combined) were up 50.3 percent in April and 38.3 percent in the first quarter. Online sales positively affected the company's same-store sales by 1.3 percentage points in the first quarter. Online sales are included in the same-store sales calculation for Macy's, Inc.

 

Macy's, Inc. is slated to report its first quarter earnings on Wednesday, May 11, and will webcast a call with financial analysts
and investors that day at 10:30 a.m. (ET). Macys, 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 1-888-271-8596, passcode 3846981. 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 2010 sales of $25 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, as well as the macys.com and bloomingdales.com websites. The company also operates four Bloomingdale's Outlet stores.

 

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.

 

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