Macy's (M) Reiterates Commitment to Shareholder Value Creation Following Barington Capital Presentation

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Go back to Macy's (M) Reiterates Commitment to Shareholder Value Creation Following Barington Capital Presentation

Macy’s, Inc. Reiterates Commitment to Shareholder Value Creation Following Barington Capital Presentation

December 9, 2024 8:50 AM EST

NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today issued the below statement following the press release and presentation issued by Barington Capital Group, L.P. (Barington) and Thor Equities LLC (Thor):

The Macys, Inc. Board of Directors and management team are committed to delivering sustainable, profitable growth and driving shareholder value. We have consistently demonstrated open-mindedness, including with respect to regularly reviewing the Companys strategy and capital allocation framework and exploring all paths to enhance value.

We remain confident in our Bold New... More