Macy's 2011 Annual Report Download - page 17

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11
The following graph compares the cumulative total stockholder return on the Common Stock with the Standard & Poors
500 Composite Index and the Standard & Poors Retail Department Store Index for the period from January 29, 2007 through
January 27, 2012, assuming an initial investment of $100 and the reinvestment of all dividends, if any.
The companies included in the S&P Retail Department Store Index are Dillard’s, Macy’s, J.C. Penney, Kohl’s, Nordstrom
and Sears.