Financial Analysis Of Macy s Inc - 1742 Words

Introduction This report presents the financial analysis of Macy’s Inc. The company’s financial position is gauged using ratio analysis and suggestions on improvements are provided. The ratios will be compared to one of its top competitors Dillard’s. Using 2014 key financial statements such the income statement, balance sheet, cash flow, and key statistics found on yahoo finance. It also analyzes the company’s historical stock prices and will compute the stock average, standard deviation, and beta over a 60 month period and compares it to the market average. It then will transition into reviewing future growth estimates and will use the constant growth model to compute the company’s fundamental value. Also, it will review analyst opinion†¦show more content†¦Bloomingdale’s in Dubai is operated by Al Tayer Group LLC under a license agreement.’ (â€Å"Macy’s, Inc. Macy’s, Inc. Web. 19 Apr. 2016.) Macy’s sa les a variety of merchandises, from men, women, and children clothing and apparel to home furnishings. Rowland Hussey Macy founded the company R.H. MACY CO, on the corner of 14th Street and 6th Avenue in New York City in 1858, as a dry goods store. He adopted the company’s logo as a red star. The red star was a symbol for success in his days of being a sailor. The first year’s sales total were $90,000. Compared to a rough first day sales of a mere $11.60. By 1877, the company had grown to become a fully operation department store. By late1902, the store had exceeded its original storefront and relocated uptown to its current location in Herald Square location on Broadway and 34th Street. In 1942, Macy’s had grown become the worlds largest retailer, occupying more than 1 million square feet of retail space. R.H. MACY CO went public in 1922, while opening new locations in the region and buying out competitors. In 1924, the company employees established the first Christmas parade. The annual parade now is called the Macy’s Thanksgiving Day Parade. Afte r much growth, acquisitions, and a few names changes, the company changed its name to Macy’s in 1995 and