Macy's posts strong results, raises guidance as turnaround begins to take hold

Live updates

1. 7h ago

   Macy's Posts Strong Results and Raises Guidance

   Macy's reported first-quarter 2025 net sales of $4.6 billion, surpassing company guidance and demonstrating early momentum in its corporate turnaround. The retailer posted GAAP diluted earnings per share of $0.13 and an adjusted diluted EPS of $0.16. Growth was led by the Bloomingdale's division, which grew by 3.0 percent, and Bluemercury, which marked its 17th consecutive quarter of comparable sales growth with a 1.5 percent increase. Comparable sales on an owned basis declined by 2.0 percent. During the quarter, Macy's returned $152 million to shareholders through $101 million in share repurchases and $51 million in cash dividends.

   Why it matters

   The retailer is executing a turnaround strategy to stabilize performance across its core department store banner while scaling higher-performing luxury and specialty segments. Bloomingdale's and Bluemercury continue to serve as vital growth drivers for the broader enterprise. These financial metrics indicate that cost management and capital return strategies remain central to the company's current operating approach.

   What is confirmed

   • Macy's reported first-quarter 2025 net sales of $4.6 billion.
   • GAAP diluted earnings per share were $0.13 and adjusted diluted EPS reached $0.16.
   • Bloomingdale's division sales grew by 3.0 percent.
   • Bluemercury marked its 17th straight quarter of comparable sales growth at 1.5 percent.
   • The company returned $152 million to shareholders through $101 million in share repurchases and $51 million in cash dividends.

   What to watch next

   • Subsequent quarterly earnings releases to track turnaround sustainability
   • Performance updates on Bloomingdale's and Bluemercury growth trajectories
   Sources used for this update (2)

   1. www.bamsec.com — Macy's, Inc. – Transcripts – BamSEC
   2. www.fidelity.co.uk — Macy's Inc Share News, Key Dates and Documents | M ...
   confidence 100%
2. 9d ago

   Macy's Reports Q1 2025 Sales Growth and Strong Shareholder Returns

   Macy's reported first-quarter 2025 net sales of $4.6 billion, exceeding company guidance. While comparable sales on an owned basis fell 2.0%, the Bloomingdale's division grew by 3.0% and Bluemercury marked its 17th straight quarter of comparable sales growth at 1.5%. The company reported GAAP diluted earnings per share of $0.13 and adjusted diluted EPS of $0.16, both of which beat previous guidance. Macy's returned $152 million to shareholders through $101 million in share repurchases and $51 million in cash dividends.

   Why it matters

   These results follow a period of restructuring and a turnaround strategy focused on higher-margin private labels and store closures. S&P Global Ratings recently upgraded the company's outlook to positive. Shareholders saw a 35.9% return over the past year including dividends.

   What is confirmed

   • Macy's first-quarter 2025 net sales reached $4.6 billion, exceeding guidance.
   • Bloomingdale's reported comparable sales growth of 3.0% in the first quarter of 2025.
   • Bluemercury achieved its 17th consecutive quarter of comparable sales growth, rising 1.5%.
   • Macy's returned $152 million to shareholders via $101 million in share repurchases and $51 million in dividends.
   • The company's GAAP diluted earnings per share was $0.13 and adjusted diluted EPS was $0.16.

   Still unconfirmed

   • Shareholders experienced a 35.9% return over the past year including dividends.

   What to watch next

   • Upcoming fiscal second-quarter financial results
   • Further updates on store closure progress
   • Adjustments to full-year guidance based on Q1 performance
   Sources used for this update (4)

   1. help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
   2. marketinference.com — Macy's Q1 2025 Financial Results - Net Sales Exceed Guidance
   3. simplywall.st — Sat Out Macy's Rally? Here Is What Holders Saw - Simply Wall St
   4. stockanalysis.com — Macy's (M) Stock Forecast & Analyst Price Targets
   confidence 95%
3. 12d ago

   Macy's Shares Rise and S&P Revises Outlook to Positive

   Macy's shares recently closed at $24.22, drawing attention after posting a 6.79% one-day return and a 9.69% one-month return. S&P Global Ratings revised its outlook on Macy's to positive from stable and affirmed its BB+ issuer credit rating. This follows fiscal second-quarter financial results that showed a 2.7% comparable sales growth and an 11.3% surge for the Bloomingdale's division. The retailer raised its full-year guidance as its turnaround strategy gains momentum, pointing to five consecutive quarters of positive comparable-store sales growth.

   Why it matters

   The retailer operates against a backdrop of revenue totaling $22.8 billion and net income of $750 million. Long-term holders have experienced a 39.64% one-year total shareholder return alongside significant three-year gains. Continued execution of the store reimagining turnaround strategy has stabilized gross margins and improved financial metrics.

   What is confirmed

   • Macy's posted 2.7% comparable sales growth in fiscal Q2.
   • The Bloomingdale's division surged 11.3% in comparable sales.
   • S&P Global Ratings revised its outlook on Macy's to positive from stable and affirmed its BB+ issuer credit rating.

   Still unconfirmed

   • Macy's could regain an investment-grade credit rating over the next 12 to 18 months.

   What to watch next

   • Whether Macy's achieves an investment-grade credit rating from S&P Global Ratings over the next 12 to 18 months.
   • Sustained performance of the store reimagining turnaround strategy and future quarterly sales reports.
   Sources used for this update (4)

   1. www.cbssports.com — 2026 MLB playoff bracket: Schedule, scores as Brewers win NLCS Game 1 over Dodgers
   2. rocketnews.com — Macy's posts strong results, raises guidance as turnaround ...
   3. simplywall.st — Macy's (M) Shares Climbed, So What Is Behind The Latest ...
   4. finance.yahoo.com — Macy’s eyes investment-grade rating as S&P revises outlook to ...
   confidence 100%
4. 17d ago

   Macy's turnaround gains traction with strong Q2 results

   Macy's reported a 2.7% comparable sales growth in fiscal second quarter and raised its full-year guidance. The company's luxury division, Bloomingdale's, posted an 11.3% comparable sales increase. This performance is attributed to its store reimagining turnaround strategy. Macy's now expects full-year sales to be between $21.675 billion and $21.825 billion.

   Why it matters

   Macy's results indicate a successful turnaround strategy under CEO Tony Spring. The company's performance is significant as it operates in a competitive retail landscape. Macy's turnaround strategy aims to improve its financial performance through store reimagining and other initiatives. The raised guidance reflects management's confidence in the company's continued growth.

   What is confirmed

   • Macy's reported a 2.7% comparable sales growth in fiscal second quarter.
   • Macy's Bloomingdale's luxury division posted an 11.3% comparable sales increase.
   • Macy's raised its full-year 2026 sales guidance to a range of $21.675 billion to $21.825 billion.

   What to watch next

   • Macy's Q3 results
   • holiday season sales performance
   • progress on store reimagining strategy
   Sources used for this update (2)

   1. www.cnbc.com — E-Commerce - CNBC
   2. rocketnews.com — Macy's posts strong results, raises guidance as turnaround ...
   confidence 90%
5. 22d ago

   Macy's Raises 2026 Sales Guidance After Second-Quarter Revenue Climb

   Macy's reported fiscal second-quarter revenue of USD 5.059 billion, pushing its stock to USD 22.73 by October 2, 2026. Management responded to the stronger financial results by raising the full-year 2026 sales guidance to a range of USD 21.675 billion to USD 21.825 billion. Chief Executive Officer Tony Spring previously credited a store reimagining turnaround strategy for the positive business performance. The American omnichannel retailer operates department stores, specialty stores, and digital platforms across principal brands including Macy's, Bloomingdale's, and Bluemercury.

   Why it matters

   The retailer operates an omnichannel model relying on physical department stores and e-commerce platforms to sell apparel, accessories, and home furnishings. Its brand portfolio covers diverse consumer segments, with Bloomingdale's targeting luxury goods and Bluemercury focusing on beauty products and services. Updating sales guidance provides investors with revised management expectations as the company works to execute its strategic turnaround plans.

   What is confirmed

   • Fiscal second-quarter revenue reached USD 5.059 billion.
   • Management raised 2026 sales guidance to USD 21.675 billion to USD 21.825 billion.
   • Macy's stock was last at USD 22.73 on October 2, 2026.
   • Macy's, Inc. is an American omnichannel retailer operating principal brands Macy's, Bloomingdale's, and Bluemercury.

   What to watch next

   • Monitor whether Macy's achieves the revised 2026 sales guidance range of USD 21.675 billion to USD 21.825 billion.
   • Track further stock price movements on the New York Stock Exchange.
   Sources used for this update (2)

   1. www.ad-hoc-news.de — Macy's stock reports stronger earnings and higher 2026 guidance
   2. www.marketbeat.com — Macy's (M) Stock Price, News & Analysis - MarketBeat
   confidence 100%
6. 24d ago

   Macy's Posts Strong Q2 Sales and Raises Forecast

   Macy's reported USD 4.9 billion in second-quarter sales, marking a 1.10 percent increase year over year alongside comparable sales growth of 2.7%. Chief Executive Officer Tony Spring attributed the positive performance to a store reimagining turnaround strategy. The department store chain subsequently raised its full-year guidance. Concurrently, Macy's stock traded at EUR 20.36 at Lang & Schwarz, showing an increase of 0.64 percent compared to the prior close of EUR 20.23.

   Why it matters

   The retailer achieved its fifth consecutive quarter of sales growth, aided by its Bloomingdale's and Bluemercury brands. Financial firm Zacks raised its forecast for the company while maintaining a Hold rating on the stock. Market participants continue to evaluate the long-term impact of the corporate turnaround strategy as retail sector dynamics shift.

   What is confirmed

   • Macy's posted second-quarter comparable sales growth of 2.7%.
   • Chief Executive Officer Tony Spring attributed the positive results to a store reimagining turnaround strategy.
   • Macy's posted USD 4.9 billion in second-quarter sales, which was up 1.10 percent year over year.
   • Macy's stock traded at EUR 20.36, up 0.64 percent from the prior close of EUR 20.23.

   What to watch next

   • Future adjustments to Zacks forecasts or stock ratings.
   • Performance metrics for Bloomingdale's and Bluemercury in upcoming quarters.
   Sources used for this update (3)

   1. www.marketbeat.com — Top 50 Consumer Discretionary Stocks
   2. rocketnews.com — Macy's posts strong results, raises guidance as turnaround ...
   3. www.ad-hoc-news.de — Zacks raises Macy's forecast and keeps Macy's stock at Hold
   confidence 100%
7. 28d ago

   Macy's Raises Outlook on Strong Quarterly Results

   Macy's raised its full-year earnings guidance and reported comparable sales growth of 2.7 percent for the fiscal second quarter, beating Wall Street expectations. The department store chain achieved its fifth consecutive quarter of sales growth, bolstered by its Bloomingdale's and Bluemercury brands. Net sales increased year-over-year while gross margins improved. Company leadership attributes the positive momentum to an ongoing corporate turnaround strategy taking root across the business, even as investor caution initially sent company shares lower in trading.

   Why it matters

   The retailer has relied on its turnaround plan to stabilize performance against broader retail sector headwinds. Strength in secondary luxury and beauty portfolios has offset challenges in core department store operations. Analysts monitor these indicators to gauge whether traditional brick-and-mortar legacy brands can successfully adapt.

   What is confirmed

   • Macy's reported comparable sales growth of 2.7% in its fiscal second quarter.

   Still unconfirmed

   • Management credits the positive momentum to the ongoing corporate turnaround strategy taking hold across the business.

   What to watch next

   • Quarterly performance updates for Bloomingdale's and Bluemercury
   • Share price reaction to the raised full-year guidance
   Sources used for this update (2)

   1. www.cnbc.com — Earnings - CNBC
   2. rocketnews.com — Macy's posts strong results, raises guidance as turnaround ...
   confidence 90%
8. 30d ago

   Macy's Raises Guidance After Strong Second-Quarter Results

   Macy's raised its full-year outlook after reporting fiscal second-quarter financial results that beat Wall Street consensus estimates. The department store retailer marked its fifth consecutive quarter of sales growth, driven by strength across its portfolio brands including Bloomingdale's and Bluemercury. Net sales rose year-over-year while gross margins improved, though investors responded with caution as company shares declined in trading. Management credits the positive momentum to the ongoing corporate turnaround strategy taking hold across the business.

   Why it matters

   The company's performance reflects early traction in its ongoing retail turnaround strategy, which aims to revitalize core department store locations and grow luxury segments. Bloomingdale's achieved its highest second-quarter sales volume on record, offsetting softer performance in other parts of the business. Investors remain watchful of broader retail sector pressures despite the earnings beat and upgraded financial projections.

   What is confirmed

   • Macy's reported fiscal second-quarter earnings per share of $0.63, beating the consensus estimate of $0.37.
   • Quarterly revenue reached $5.06 billion, exceeding the analyst consensus estimate of $4.81 billion.
   • Comparable sales increased 2.7% during the second quarter, marking the fifth straight quarter of gains for the flagship banner.
   • Bloomingdale's comparable sales jumped 11.3%, achieving its highest second-quarter sales volume on record.
   • Bluemercury comparable sales climbed 6.2% and gross margin improved to 41.5% from 39.7% a year earlier.

   Still unconfirmed

   • Investors remain cautious about the long-term trajectory of the retail turnaround despite the raised guidance.

   What to watch next

   • Macy's next earnings report estimated for Wednesday, December 2, 2026.
   • Further stock performance indicators following the second-quarter earnings release.
   Sources used for this update (11)

   1. www.insidermonkey.com — Macy’s (M) Raises Guidance After Strong Q2 Results, But Investors Remain Cautious
   2. en.wikipedia.org — Macy's - Wikipedia
   3. www.storelocators.com — Macy's Store List (456 Locations) - Sep 2026
   4. play.google.com — Macy's: Shopping and Rewards - Apps on Google Play
   5. thesummitbirmingham.com — macy store in Birmingham, AL - The Summit
   6. rocketnews.com — Macy's posts strong results, raises guidance as turnaround ...
   7. stockanalysis.com — Macy's (M) Stock Price & Overview
   8. marketinference.com — Macy's Posts Fifth Consecutive Quarter of Sales Growth
   9. finance.yahoo.com — Macy's nearly doubled its profit — here's the luxury strategy ...
   10. www.marketbeat.com — M News Today | Why did Macy's stock go down today?
   11. www.marketbeat.com — Macy's (M) Earnings Date and Reports 2026 - MarketBeat
   confidence 100%
9. 50d ago

   Macy's Raises Outlook as Q2 Results Beat Estimates

   Macy's posted strong fiscal second-quarter results, beating Wall Street earnings and revenue estimates as its business turnaround takes hold. Driven by sales growth and a boost during the quarter, the company raised its full-year outlook. Despite the positive earnings report and improved guidance, the company's stock fell in trading. The retailer continues to navigate its ongoing corporate turnaround strategy, showing positive momentum in sales performance that prompted management to upgrade its financial projections for the remainder of the year.

   Why it matters

   Retailers face fluctuating consumer demand and operational shifts, making quarterly earnings reports critical indicators of sector health. Macy's ongoing turnaround effort is a closely watched retail industry narrative. Upgraded guidance points to resilience in their operational strategy despite broader economic headwinds.

   What is confirmed

   • Macy's posted strong results and beat earnings estimates for fiscal the second quarter.
   • The retailer raised its full-year outlook following sales growth.
   • Macy's stock fell despite the earnings beat and boosted guidance.

   Still unconfirmed

   • The quarter's performance was specifically boosted by tariffs.

   What to watch next

   • Monitor upcoming quarterly retail sales reports to see if Macy's can sustain its sales growth momentum.
   • Watch the company's stock price movement to determine if market sentiment shifts following the guidance raise.
   Sources used for this update (8)

   1. CNBC — Macy's posts strong results, raises guidance as turnaround begins to take hold
   2. Yahoo Finance — Macy's turnaround shows promise as earnings beat estimates, outlook improves
   3. WSJ — Macy’s Raises Full-Year Outlook Again on Sales Growth
   4. barrons.com — Macy’s Beats Earnings Estimates and Boosts Guidance. The Stock Is Falling.
   5. kare11.com — Macy's: Fiscal Q2 Earnings Snapshot
   6. Yahoo Finance — Macy's (M) Q2 Earnings and Revenues Beat Estimates
   7. Seeking Alpha — Macy's: The Turnaround Continues, Boosted By Tariffs In Q2, Raising My Target (NYSE:M)
   8. Bloomberg.com — Macy’s Falls on Guidance Despite Sales Beat, Better Outlook
   confidence 100%