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Macy's (M)
:M
Earnings Data
Report Date
Aug 26, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.53Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 28, 2025
|% Change Since: -1.00%
|Next Earnings Date:Aug 26, 2025
Earnings Call Sentiment|Neutral
Macy's demonstrated resilience in a challenging retail environment, surpassing sales and earnings expectations for the quarter. Positive performances in luxury segments and strategic initiatives in inventory management and brand partnerships were notable. However, challenges such as tariff impacts, a decline in comparable sales, and a competitive landscape were also highlighted.Company Guidance
During the Macy's, Inc. First Quarter 2025 Earnings Conference Call, the company provided guidance that exceeded previous expectations in several key metrics. Net sales for the quarter were reported at $4.6 billion, surpassing the guidance range of $4.4 billion to $4.5 billion. Comparable owned plus licensed plus marketplace (O + L + M) sales declined 1.2%, which was better than the anticipated decline of 4.5% to 2.5%. Adjusted diluted earnings per share (EPS) came in at $0.16, above the guidance range of $0.12 to $0.15. Macy's go-forward business comps outperformed the total business, declining only 0.9%. The company also reported that inventories were down 0.5% entering the second quarter. For the full year, Macy's, Inc. expects net sales of $21 to $21.4 billion, with comps down 2% to flat. Adjusted diluted EPS is projected to be between $1.60 and $2. Additionally, the company highlighted the impact of tariffs, estimating a 20 to 40 basis point impact on annual gross margin. The guidance assumes a more promotional environment and no rebound in international tourism for the remainder of the year.Sales and Earnings Beat Expectations
First quarter net sales of $4.6 billion exceeded guidance of $4.4 to $4.5 billion. Adjusted diluted EPS was $0.16, above guidance of $0.12 to $0.15.
Positive Performance in Luxury Segments
Bloomingdale's posted a positive 3.8% comp, and Blue Mercury achieved a positive 1.5% comp, continuing their positive trend.
Improvement in Inventory Management
Inventories were down 0.5% entering the second quarter, reflecting disciplined inventory management and improved in-store inventory allocation.
Successful Brand Launches and Partnerships
New brands like Good American, Coach, and Donna Karan were well received. Bloomingdale's benefited from brand launches such as Prada shoes and handbags, and Reformation Ready to Wear.
Growth in Marketplace and Off-Price Concepts
Macy's marketplace achieved approximately 40% GMV growth, and Backstage outperformed full-line stores by several hundred basis points.
M Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
M Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2025 | $12.04 | $12.00 | -0.33% |
Mar 06, 2025 | $13.13 | $13.04 | -0.69% |
Dec 11, 2024 | $16.32 | $16.18 | -0.86% |
Aug 21, 2024 | $17.11 | $14.90 | -12.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Macy's (M) report earnings?
Macy's (M) is schdueled to report earning on Aug 26, 2025, TBA Not Confirmed.
What is Macy's (M) earnings time?
Macy's (M) earnings time is at Aug 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is M EPS forecast?
M EPS forecast for the fiscal quarter 2025 (Q2) is 0.19.
