Messi Department Store Expects Revenue To Continue In Fiscal Year 2014.
< p > the second largest department store in the United States, Macy 'sInc. (NYSE:M) Messi store, on January, after the closing of the 8 day US stock market, released the 2014 financial year earnings forecast, which means that earnings per share in the 2014 fiscal year will reach US $4.36, which is higher than that of Bloomberg's comprehensive estimate of 4.36 US dollars, while the same store sales will increase by 2.5-3.0% compared with the 2013 fiscal year.
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< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201401/10/20140110020014_sj.JPG "/" < > > "
< p > despite the good prospects for revenue, Macy's sInc. (NYSE:M) Messi department store decided to implement a restructuring plan to maintain profitability. The plan includes a reduction of 2500 positions, accounting for about 1.4% of the total number of employees, with the goal of saving 100 million dollars a year.
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< p > in addition to layoffs, the group also plans to redistribute and pfer some employees, and increase the number of employees for the rapid development of the "a href=" http://www.91se91.com/news/index_c.asp "online shopping" /a and warehousing departments, so that the total number of employees will remain at 175 thousand.
In addition, the group will close five poorly performing stores while increasing eight Macy 's Messi stores and Bloomingdale' s new stores.
The restructuring plan will generate a one-time cost of 1.20-1.35 billion in the fourth quarter.
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RichardJaffe, analyst at P StifelFinancialCorp., praised the a href= "http://www.91se91.com/news/index_c.asp" Macy "s" /a Inc. (NYSE:M) Messi department store for reducing its expenditure by $100 million during its visit to Bloomberg.
Messi, founder of WalterLoeb, a retail consultant, said that spending cuts were a recognition of the technological development of Macy 'sInc. (NYSE:M) department store in Messi, and that the Internet brought many new businesses to it.
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The price of P Messi Macy sInc. (NYSE:M) surged more than 7% after closing in January 8th. It closed at $51.84 yesterday, down 0.7%, which rose 37% last year and outperformed the 30% increase in the S & P 500 index.
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< p > in the past holiday sales season, Macy 'sInc. (NYSE:M) Messi department store performed well. Its sales in the same store in 11 and December increased by 3.6%, and it easily defeated Kohl' sCorp. (NYSE:KSS), TargetCorp. (NYSE:TGT) Taghit and J.C.PenneyCo, Inc. (NYSE:TGT), and the other two competitors.
The Group expects the same store sales in the four quarter to grow by 2.5% over the same period last year, and maintain the target of 3.80-3.90 US dollars per share in the 2013 fiscal year.
The group will announce its four quarter results in February 25th.
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< p > Macy "sInc. (NYSE:M)" Messi department store jumped 7% in January 9th, to 7.51% dollars in the deadline 55.73 dollars.
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< p > related links: < /p >
< p > Macy s is an upscale department store in the United States. It mainly deals with clothing, shoes and hats and family decorations, and has won the reputation of quality service. "Messi"
Although its size is not very large, it has a high reputation in the United States and the world.
As of September 2006, Messi's Macy (s) had 850 stores in the United States and became a real national brand.
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< p > Messi's Macy concept is: the customer is the source of profits for the enterprise, and the staff is the key to open the source of the S.
Messi's Macy (s) has launched the "consumer gift law", "consumer Competition Award law", "gift integration method", "new product field performance method", "product showroom" and "fashion show" and other sales promotion methods, which have effectively promoted the sale of all kinds of commodities.
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< p > Strauss has paid special attention to the image of Messi s (Macy s) in her operation. In order to set up a first-class image of Messi's goods quality, all kinds of products run by Messi are trademarks of Messi (s).
If the customer is not satisfied with the purchase, he can refund or change it.
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