M Research | Milton Maxwell

Macy's, Inc.

23.12

-0.72-3.02%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

6.15B

P/E (TTM)

13.60

Basic EPS (TTM)

1.70

Dividend Yield

0.03%

Recent Filings

8-K

12/12/25Dec 12, 2025

10-Q

12/10/25Dec 10, 2025

8-K

12/3/25Dec 3, 2025

10-Q

Q2 FY2025 results

9/10/25Sep 10, 2025

Macy's total revenue dipped 2% year-over-year to $4,999 million in Q2 FY2025 ended August 2, 2025, with net sales down 2.5% to $4,812 million, yet comparable sales rose 0.8% on an owned basis, fueled by 3.6% growth at Bloomingdale's and 1.2% at Bluemercury amid store closures. Gross margin slipped to 39.7% from 40.5%, pressured by markdowns and China tariffs, while operating income fell 33% to $149 million on higher restructuring costs. Diluted EPS dropped to $0.31 from $0.53, reconciling to 275.9 million shares; net loss aligned closely with operating levels. Cash stood at $829 million, free cash flow at $ -7 million (derived), with $2,432 million long-term debt after refinancing $500 million notes due 2033 and $1,957 million ABL availability through April 2030. No material M&A noted. Supply chain tariffs pose ongoing risks.

8-K

Macy's Q2 sales beat expectations

9/3/25Sep 3, 2025

Macy's reported Q2 2025 net sales of $4.8 billion, down 2.5% from last year due to store closures, yet comparable sales rose 1.9% on an owned-plus-licensed-plus-marketplace basis—the strongest in 12 quarters. Bloomingdale's and Bluemercury drove gains with 5.7% and 1.2% comparable growth, respectively, while Reimagine 125 locations outperformed at 1.4%. Adjusted diluted EPS hit $0.41, beating guidance. The company raised full-year net sales outlook to $21.15-$21.45 billion and EPS to $1.70-$2.05, but tariffs may pressure margins.

About

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. It sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and Bluemercury brands. The company also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.

CEO

Mr. Antony Spring

IPO

2/5/1992

Website

https://www.macysinc.com

Employees

94,189

Sector

Consumer Cyclical

Industry

Department Stores