Terry Lundgren

Terry Lundgren
Terry Lundgren
Type: Person
Name: Terry Lundgren (Terry J. Lundgren)
Title: Chairman, president, and CEO
Organization: Federated Department Stores
Date of Birth: 1952
Nationality: United States
Fact Sheet: Biography for Terry Lundgren
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Will This Retailer Outgrow its Competition?

Leo is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.After consumer confidence and retail sales rebounded in April, Wall Street has turned bullish on U.S. retail stocks. Despite ... [Published Motley Fool - 3 hours ago]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Ronald McDonald House® New York's 21st Annual Gala Raises A Historic $6 Million In Celebration Of The Organization's 35th Anniversary

"There is nothing more powerful or awe-inspiring than to bear witness as New Yorkers come together, giving so much of their time and resources to help children in the fight of their lives," said Stanley B. ShopkornThe evening led off with an invocation ... [Published Street Insider - May 21 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Macy's CEO talks about Bangladesh

CINCINNATI - Macy’s Inc. CEO Terry Lundgren said Friday that a Bangladesh factory safety agreement endorsed by European retailers this week has “lots of holes” and will not be signed by Macy’s. He also said Macy's customers are not expressing concerns ... [Published WCPO - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Five takeaways from Q&A with Macy's CEO Terry Lundgren

There wasn’t much excitement during Macy’s Inc.’s 33-minute annual meeting Friday morning at the company’s downtown Cincinnati headquarters.CEO Terry Lundgren updated shareholders on Macy’s (NYSE: M) progress with its M.O.M. strategy, which includes My ... [Published Cincinnati Business Journal - May 17 2013]
First reported May 16 2013 - Updated May 17 2013 - 1 reports

Macy’s first quarter comps rise 4 percent

Cincinnati--Same-store sales increased 4 percent year-over-year in the first quarter for Macys Inc., with an unseasonably cool spring in the north and weakness among consumers at both ends of the income spectrum impacting sales.Total sales in the first ... [Published National Jeweler - May 16 2013]
First reported May 15 2013 - Updated May 16 2013 - 2 reports

Macy’s reports 4% rise in first quarter sales

Departmental store chain Macy’s has reported 4% increase in sales to $6.387bn for the first quarter (Q1) ended 4 May 2013 compared with sales of $6.143bn in the same period last year.On a comparable sales basis, Macy's first quarter sales, including net ... [Published Retail Business Review - May 16 2013]
First reported May 15 2013 - Updated May 15 2013 - 2 reports

Macy’s 1Q profit rises 20 pct on solid sales

Macy’s Inc. reported a 20 percent increase in first-quarter profit even though cool temperatures and economic worries dampened some of its shoppers’ spending on spring clothes.The company, which also operates the upscale chain Bloomingdale’s, is also ... [Published Dayton Daily News - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Macy's 1Q profit rises 20 pct on solid sales

The company, which also operates the upscale chain Bloomingdale's, is also raising its dividend to 25 cents from the current 20 cents. It also announced an additional $1.5 billion in stock buybacks.Macy's, a standout among its peers throughout the economic ... [Published Investors Business Daily - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Macy's had strong first quarter

CINCINNATI -- Macy’s Inc. has exceeded analyst expectations with a profit of 55 cents per share in its first quarter. The company also announced a 25 percent increase in its dividend and outlined plans to repurchase an additional $1.5 billion in shar ... [Published WCPO - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Macy's Boosts Dividend 25% as 1Q Earnings Jump

Macy’s (M) beat the Street on Wednesday with a 20% jump in first-quarter profits and the iconic department store revealed a 25% dividend hike and a $1.5 billion boost to share buybacks.Shares of the retail giant advanced more than 1% following the stronger-than-expected ... [Published FOXBusiness.com - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 3 reports

Macy’s Quarterly Profit Tops Estimates as Stock Buyback Boosted

Macy’s Inc. (M)Net income in the period ended May 4 rose 20 percent to $217 million, or 55 cents a share, from $181 million, or 43 cents, a year earlier, Cincinnati-based Macy’s said today in a statement. Analysts projected 53 cents, the average of estimates ... [Published BusinessWeek - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Macy's reports a $217 million profit

Macys Inc. reported a $217 million profit for the first quarter ended May 4 19.9 percent.The company said it was also boosting its quarterly dividend to 25 cents per share, up from 20 cents per share. It also announced it would repurchase an additional ... [Published Cincinnati Enquirer - May 15 2013]

Quotes

Asked whether Macy's customers are asking more questions about where their merchandise comes from, Lundgren replied, "not at all. i was in multiple stores last week and two weeks before that with my executive team and none of that feedback came to us at all."
...to pursue myriad new growth opportunities within our time-tested M O M strategies (My Macy's, Omnichannel and Magic Selling)," Lundgren added. "these strategies continue to work individually - and in unison - at macy's to meet the needs of customers seeking fashion, quality, value and convenience." With corporate offices in Cincinnati and New York, Macy's operates about 840 department stores in 45 states, the District of Columbia, Guam and Puerto...
...with our first quarter sales and earnings performance given the challenges we overcame in this period," said CEO Terry Lundgren in a statement. "these included sustained, unseasonably cool spring weather in our northern climate zones. in addition, we saw weakness among some of the most budget-conscious consumers, as well as among our higher household income bloomingdale's customers."

More Content

All (115) | News (78) | Reports (1) | Blogs (28) | Audio/Video (3) | Fact Sheets (1) | Press Releases (4)
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Will This Retailer Outgrow its Competition? [Published Motley Fool - 3 hours ago]
Ronald McDonald House® New York's 21st Annual ... [Published Street Insider - May 21 2013]
Macy's CEO talks about Bangladesh [Published WCPO - May 17 2013]
Five takeaways from Q&A with Macy's CEO Terry L... [Published Cincinnati Business Journal - May 17 2013]
Macy’s first quarter comps rise 4 percent [Published National Jeweler - May 16 2013]
Macy’s at All-Time High on Q1 Earnings Beat and... [Published Equities.com - May 16 2013]
Briefs: Google hits play on new music service [Published Detroit News - May 16 2013]
Macy’s reports 4% rise in first quarter sales [Published Retail Business Review - May 16 2013]
Macy’s Inc. Posts Impressive Profit Despite Dif... [Published Accessories Magazine - May 16 2013]
Macy’s Q1 profit surges on strong sales [Published GantDaily.com - May 16 2013]
Macy’s Net Jumps 19.9 Percent in Q1 [Published Home Furnishings News - May 15 2013]
Daily Digit: Macy's $6.39 Billion Sales [Published Palm Beach Interactive - May 15 2013]
Macy’s 1Q profit rises 20 pct on solid sales [Published Dayton Daily News - May 15 2013]
Macy's Q1 Tops Street On Earnings Despite Headw... [Published Homeworld Business - May 15 2013]
Macy's Earnings Top Views Despite Tax Hikes, We... [Published Investors Business Daily - May 15 2013]
Tough Retail Conditions Didn’t Hurt Macy’s Last... [Published Wall St. Cheat Sheet - May 15 2013]
UPDATE 2-Macy's profit, same-store sales up, ra... [Published Reuters - May 15 2013]
Macy’s Reports Higher Profits; Beats Estimates;... [Published Dividend.com - May 15 2013]
Macy's first-quarter profit rises 20 percent on... [Published North Jersey.com - May 15 2013]
MACY'S, INC. : Macy's First-Quarter Net Up 20%,... [Published 4 Traders - May 15 2013]
By The Numbers: Why Macy's Is The Anti-J.C. Penney [Published Forbes.com - May 15 2013]
Macy's 1Q profit rises 20 pct on solid sales [Published Investors Business Daily - May 15 2013]
Macy's had strong first quarter [Published WCPO - May 15 2013]
Macy's profit, same-store sales up, raises divi... [Published Fidelity Brokerage Services LLC - May 15 2013]
Macy's Q1 Profit Beats View; Boosts Dividend, S... [Published RTTNews.com - May 15 2013]
Macy's Boosts Dividend 25% as 1Q Earnings Jump [Published FOXBusiness.com - May 15 2013]
Macy’s Quarterly Profit Tops Estimates as Stock... [Published BusinessWeek - May 15 2013]
Macy’s Quarterly Profit Tops Estimates as Stock... [Published Bloomberg - May 15 2013]
Macy s profit tops view; dividend, buyback raised [Published Great China Brokerage Ltd - May 15 2013]
Macy's First-Quarter Net Up 20%, Raises Dividen... [Published Nasdaq - May 15 2013]
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Blogs

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Tough Retail Conditions Didn’t Hurt Macy’s Last... [Published Wall St. Cheat Sheet - May 15 2013]
Embattled retailer Macy’s ( NYSE:M ) was not fazed by tough retail conditions. The company’s first quarter earnings report released Wednesday morning showed profit jumped 20 percent for the three-month period, soaring above the consensus estimate ...
What Ron Johnson Got Right [Published HBR Blog Network - Apr 11 2013]
Ron Johnson's 17-month tenure as J.C. Penney's CEO was a catastrophe — an assessment captured in the reactions to his ouster this week: "Former Apple Retail Guru Dumped;" "How Ron Johnson Made JCPenney Even Worse;" and my favorite: "I Am Become Ron ...
GM Sees Africa As The New Growth Frontier and 4... [Published Wall St. Cheat Sheet - Apr 11 2013]
Africa could be the next growth location for car makers and annual vehicle sales could jump to as much as two million within the next two years, according to  GM Africa ( NYSE:GM ) managing director Mario Spangenberg, who was speaking  at the Reuters ...
J.C. Penney, Macy’s back in court over Martha S... [Published Financial Post | Business » Legal Post - Apr 08 2013]
NEW YORK — Macy’s Inc and J.C. Penney Co Inc were back in court on Monday in their fight over Martha Stewart, with Macy’s claiming that some of the items Penney has begun selling on its website infringe on its exclusive deal with the home goods guru. ...
Best Buy’s Samsung Kiosks and 2 Stocks at 52-We... [Published Wall St. Cheat Sheet - Apr 05 2013]
AbbVie ( NYSE:ABBV ): Closing price $41.60 Humira comprised half of sales in 2012 and provided an even higher percentage of profits. According to The Motley Fool, it will continue to be a key element of AbbVie’s revenue growth; international growth ...
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Audio/Video

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JC Penney Gets Turnaround Blueprint from Macy's [Published Bloomberg - YouTube - Apr 10 2013]
Macy's miracle rebound [Published CNNMoney.com - Video - Dec 20 2012]
Macy's read on consumers at home, abroad [Published CNNMoney.com - Video - Dec 20 2012]
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Press Releases

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Procter & Gamble Announces Changes To Its Board... [Published EON Consumer - Jan 08 2013]
Procter & Gamble Announces Changes To Its Board... [Published Business Wire Retail News - Jan 08 2013]
Procter & Gamble Announces Changes To Its Board... [Published Business Wire Photo/Multimedia News - Jan 08 2013]
Procter & Gamble Announces Changes To Its Board... [Published Business Wire News with Multimedia - Jan 08 2013]
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