Macy's 2008 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2008 Macy's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 109

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109

The following graph compares the cumulative total stockholder return on the Common Stock with the
Standard & Poor’s 500 Composite Index and the Standard & Poor’s Retail Department Store Index for the period
from January 30, 2004 through January 30, 2009, assuming an initial investment of $100 and the reinvestment of
all dividends, if any.
$0
$50
$100
$150
$250
$200
200920082007200620052004
M
S&P 500 Retail Department Stores
S&P 500
The companies included in the S&P Retail Department Store Index are Dillard’s, Macy’s, J.C. Penney,
Kohl’s, Nordstrom and Sears, as well as May for the periods of 2004 to August 29, 2005.
14