Macy?s, Inc., through its subsidiaries, operates department stores in the United States. Its retail stores and Internet Web sites sells a range of merchandise, including men?s, women?s, and children?s apparel and accessories; cosmetics; home furnishings; and other consumer goods. The company maintains Web sites, such as macys.com and bloomingdales.com. As of January 31, 2009, it operated approximately 840 retail stores in 45 states, the District of Columbia, Guam, and Puerto Rico under the names ?Macy?s? and ?Bloomingdale?s?. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy?s, Inc. in June 2007. Macy?s, Inc. was founded in 1820 and is based in Cincinnati, Ohio with an additional office in New York, New York. VALUATION MEASURES Market Cap (intraday)5: 5.40B Enterprise Value (10-May-09)3: 14.04B Trailing P/E (ttm, intraday): N/A Forward P/E (fye 31-Jan-11) 1: 13.51 PEG Ratio (5 yr expected): 1.88 Price/Sales (ttm): 0.22 Price/Book (mrq): 1.16 Enterprise Value/Revenue (ttm)3: 0.56 Enterprise Value/EBITDA (ttm)3: 5.24 FINANCIAL HIGHLIGHTS Fiscal Year Fiscal Year Ends: 31-Jan Most Recent Quarter (mrq): 31-Jan-09 Profitability Profit Margin (ttm): -19.30% Operating Margin (ttm): 5.63% Management Effectiveness Return on Assets (ttm): 3.51% Return on Equity (ttm): -66.01% Income Statement Revenue (ttm): 24.89B Revenue Per Share (ttm): 59.098 Qtrly Revenue Growth (yoy): -7.70% Gross Profit (ttm): 9.88B EBITDA (ttm): 2.68B Net Income Avl to Common (ttm): -4.80B Diluted EPS (ttm): -11.40 Qtrly Earnings Growth (yoy): N/A Balance Sheet Total Cash (mrq): 1.31B Total Cash Per Share (mrq): 3.105 Total Debt (mrq): 9.95B Total Debt/Equity (mrq): N/A Current Ratio (mrq): 1.315 Book Value Per Share (mrq): 11.06 Cash Flow Statement Operating Cash Flow (ttm): 1.88B Levered Free Cash Flow (ttm): 668.75M PERIOD ENDING 31-Jan-09 1-Nov-08 2-Aug-08 3-May-08 Total Revenue 7,934,000 5,493,000 5,718,000 5,747,000 Cost of Revenue 4,812,000 3,324,000 3,346,000 3,527,000 Gross Profit 3,122,000 2,169,000 2,372,000 2,220,000 Operating Expenses Research Development - - - - Selling General and Administrative 2,256,000 2,085,000 2,037,000 2,103,000 Non Recurring 5,601,000 16,000 76,000 87,000 Others - - - - Total Operating Expenses - - - - Operating Income or Loss (4,735,000) 68,000 259,000 30,000 Income from Continuing Operations Total Other Income/Expenses Net 5,000 8,000 9,000 6,000 Earnings Before Interest And Taxes (4,730,000) 76,000 268,000 36,000 Interest Expense 148,000 151,000 147,000 142,000 Income Before Tax (4,878,000) (75,000) 121,000 (106,000) Income Tax Expense (105,000) (31,000) 48,000 (47,000) Minority Interest - - - - Net Income From Continuing Ops (4,773,000) (44,000) 73,000 (59,000) Non-recurring Events Discontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - Other Items - - - - Net Income (4,773,000) (44,000) 73,000 (59,000) Preferred Stock And Other Adjustments - - - - Net Income Applicable To Common Shares ($4,773,000) ($44,000) $73,000 ($59,000
$12.83 (05/10/09)
