Macy's Inc (NYSE:M)

$ 15.08 -0.26 (-1.69%) Market Cap: 4.18 Bil Enterprise Value: 9.62 Bil PE Ratio: 23.56 PB Ratio: 0.97 GF Score: 75/100

Q1 2021 Macy's Inc Earnings Call Transcript

May 18, 2021 / 12:00PM GMT

Release Date Price: $19.09 (-0.37%)

Transcript 8-K

Operator

Good morning, and welcome to Macy's First Quarter 2021 Earnings Conference Call. Today's hour-long conference is being recorded.

I would now like to turn the call over to Mike McGuire, Head of Investor Relations. Please go ahead.

Michael P. McGuire;s

Macy;Inc. - Head of IR

' -

Thank you, operator. Good morning, everyone, and thanks for joining us on this conference call to discuss our first quarter 2021 results. With me on the call today are Jeff Gennette, our Chairman and CEO; and Adrian Mitchell, our CFO. Jeff and Adrian have prepared remarks that they will share, after which we'll host a question-and-answer session. (Operator Instructions)

In addition to this call and our press release, we have posted a slide presentation on the Investors section of our website, macysinc.com. The presentation summarizes the information in our prepared remarks and include some additional facts and figures. Also note that given the pandemic's impact on 2020 results, most of the comparisons that we'll speak to this morning will be

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