Macy's is coming up for air, topping earnings estimates and delivering the best comparable sales jump in 12 consecutive quarters.
M posts solid Q2 results, with comps climbing across brands, prompting the retailer to raise its fiscal 2025 guidance.
This morning Macy's beat quarterly earnings expectations and raised its guidance, sending its shares up dramatically in early trading.
Macy's Inc. saw its strongest comparable sales growth in 12 quarters during the second quarter, with gains across its three department store nameplates, Macy's, Bloomingdale's and Bluemercury. Speaking Wednesday (Sept.
Macy's, Inc. (NYSE:M) shares surged after the department store chain's second quarter earnings topped Wall Street expectations and it raised its full-year guidance. For the full year, Macy's new expects adjusted earnings per share (EPS) in the range of $1.70 to $2.05, compared to earlier estimates of $1.60 to $2.
Macy's, Inc. (NYSE:M ) Q2 2025 Earnings Call September 3, 2025 8:00 AM EDT Company Participants Pamela Quintiliano - Head of Investor Relations Antony Spring - CEO & Chairman Thomas Edwards - COO & CFO Conference Call Participants Matthew Boss - JPMorgan Chase & Co, Research Division Dana Telsey - Telsey Advisory Group LLC Blake Anderson - Jefferies LLC, Research Division Oliver Chen - TD Cowen, Research Division Alexandra Straton - Morgan Stanley, Research Division Tracy Kogan - Citigroup Inc., Research Division Michael Binetti - Evercore ISI Institutional Equities, Research Division Paul Kearney - Barclays Bank PLC, Research Division Jay Sole - UBS Investment Bank, Research Division Janet Kloppenburg - JJK Research Associates, Inc. Presentation Operator Greetings, and welcome to the Macy's, Inc. Second Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Although the revenue and EPS for Macy's (M) give a sense of how its business performed in the quarter ended July 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Macy's (M) shares jumped nearly 20% Wednesday after the biggest U.S. department store chain posted better-than-expected results and boosted its guidance on solid demand at its "Reimagine" namesake locations, as well as Bloomingdale's and Bluemercury stores.
The company's same-store sales notched their first increase in 12 quarters.
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) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Macy's (M) stood at $12.88, denoting a -1.23% move from the preceding trading day.