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 (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '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

3/18/26Mar 18, 2026

8-K

Annual meeting scheduled

2/27/26Feb 27, 2026

Macy's Board scheduled its annual stockholder meeting for May 15, 2026, with a record date of March 19, 2026. Action taken February 27 sets the stage for key governance votes. Routine filing signals steady operations.

8-K

Macy's refines metrics

2/18/26Feb 18, 2026

Macy's updated disclosure metrics on February 18, 2026, streamlining comparable OLM sales to four go-forward metrics and adding OLM dollar sales and total revenue for its core business. No GAAP impact; non-GAAP earnings now exclude ASG and BPI alongside prior items, with full reconciliations provided. Bloomingdale's shines: 9.0% comp growth in Q3 2025. New metrics roll out fully in fiscal 2026.

8-K

Macy's pays $2.7M to ex-CFO

12/12/25Dec 12, 2025

Macy's finalized separation with ex-COO and CFO Adrian V. Mitchell via agreement on December 8, 2025, paying $2.7 million cash. It secures mutual claim releases and frees Mitchell from non-compete duties. Clean break achieved.

10-Q

Q3 FY2025 results

12/10/25Dec 10, 2025

Macy's total revenue edged up to $4.9B in Q3 FY2025 ended November 1, 2025, from $4.9B y/y, with net sales dipping 0.6% y/y to $4.7B yet comps rising 2.5% (owned basis, per MD&A). Operating income fell to $42M from $64M y/y on lower real estate gains and restructuring costs, while gross margin slipped to 39.4% from 39.6% amid tariff pressures offset by traffic gains. YTD operating income dropped to $285M from $410M, diluted EPS to $0.04 from $0.10 q/q (reconciles to 274.6M shares); cash fell to $447M (from $1.3B Feb) after $247M operating cash flow and $525M capex, with long-term debt at $2.4B and $1.96B ABL availability. Debt swaps refinanced $587M notes with $500M 7.375% due 2033. Share repurchases hit $201M YTD. Competitive pressures from digital natives loom large.

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