Macy’s, Inc. Board Declares Quarterly Dividend

CINCINNATI–(BUSINESS WIRE)–The board of directors of Macy’s, Inc. (NYSE:M) today declared a regular
quarterly dividend of 37.75 cents per share on Macy’s common stock,
payable Jan. 3, 2017, to shareholders of record at the close of business
on Dec. 15, 2016.

Third Quarter Earnings Announcement

Macy’s, Inc. is scheduled to report its third quarter 2016 sales and
earnings before the opening of financial markets on Thursday, Nov. 10,

The company will webcast a call with financial analysts and investors
that day at 10 a.m. ET. Macys, Inc.’s webcast is accessible to the media
and general public via the company’s website at
Analysts and investors may call in on 1-888-215-6825, passcode 6176641.
A replay of the conference call can be accessed on the website or by
calling 1-888-203-1112 (same passcode) about two hours after
the conclusion of the call.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one
of the nation’s premier retailers, with fiscal 2015 sales of $27.079
billion. The company operates about 880 stores in 45 states, the
District of Columbia, Guam and Puerto Rico under the names of Macy’s,
Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage and Bluemercury,
as well as the, and
websites. Bloomingdale’s in Dubai is operated by Al Tayer Group LLC
under a license agreement.

(NOTE: Additional information on Macy’s, Inc., including past news
releases, is available at


Macy’s, Inc.
Media – Holly Thomas, 646-429-5250
Investor –
Matt Stautberg, 513-579-7780