Macy's Inc. (M)
Macy's raises annual profit forecast on tariff refunds, quarterly sales beat
Macy's, Inc. (NYSE:M) raised its full-year profit outlook after quarterly sales topped analyst estimates, helped by a boost from tariff refunds, even as shares of the department store operator fell 3% on weaker-than-expected guidance. The company reported second-quarter revenue of $4.9 billion, above the $4.83 billion analysts had expected and up 1.1% from a year earlier.
Macy's (M) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Macy's (M) give insight into how the company performed in the quarter ended July 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Macy's Q2 Earnings Call Highlights
Macy's NYSE: M reported higher second-quarter sales and profitability, citing continued momentum from its A Bold New Chapter strategy across the Macy's, Bloomingdale's and Bluemercury nameplates. The company raised its full-year outlook after results exceeded its prior guidance, while maintaining its second-half sales assumptions.
Macy's (M) Q2 Earnings and Revenues Beat Estimates
Macy's (M) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.41 per share a year ago.
Macy's Raises Full-Year Outlook Again on Sales Growth
The department-store retailer lifted its full-year net sales outlook to $21.68 billion to $21.83 billion, from its previous outlook in June of $21.5 billion to $21.75 billion.
Macy's posts strong results, raises guidance as turnaround begins to take hold
Macy's posted strong second fiscal quarter results on Thursday and raised its full-year guidance. The retailer hiked its outlook for net sales and comparable sales.
Macy's: The Tariff Refund Nobody Has Modeled
Macy's remains a Buy due to undervaluation, strong free cash flow yield, and ongoing turnaround signals. Q2 guidance targets $4.75B–$4.8B revenue, 6.9%–7.2% adj. EBITDA margin and 29–34 cents adj. EPS, excluding potential tariff refunds. Berkshire Hathaway's increased stake underscores institutional confidence, while luxury segment growth and real estate monetization are key catalysts.
Wall Street's Insights Into Key Metrics Ahead of Macy's (M) Q2 Earnings
Evaluate the expected performance of Macy's (M) for the quarter ended July 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Why Macy's (M) is Poised to Beat Earnings Estimates Again
Macy's (M) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Macy's (M) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Macy's (M) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Macy's (M) Outpaces Stock Market Gains: What You Should Know
In the most recent trading session, Macy's (M) closed at $22.42, indicating a +2.23% shift from the previous trading day.
Is Macy's (M) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
