AI brief of an SEC Form 8-K · Macy's (M)

Macy's raises 2025 sales and EPS guidance as Q2 net sales fall 2.5%

Mixed Impact 4 of 5 guidance Written later

Macy's reported second-quarter 2025 results, with net sales of $4.8 billion, down 2.5% from a year earlier but above the company's guidance. The company raised its full-year net sales and adjusted diluted EPS guidance, though adjusted diluted EPS of $0.41 was below $0.53 in the year-earlier quarter.

Key points

  • Q2 net sales were $4.8 billion, down 2.5%; comparable sales rose 1.9% on an owned-plus-licensed-plus-marketplace basis.
  • Adjusted diluted EPS was $0.41 versus $0.53 a year earlier; GAAP diluted EPS was $0.31 versus $0.53.
  • Full-year adjusted diluted EPS guidance rose to $1.70 to $2.05 from $1.60 to $2.00; net sales guidance rose to $21.15 billion to $21.45 billion from $21.0 billion to $21.4 billion.
  • The company reported a net reduction of about $340 million in long-term debt from July and August 2025 financing transactions.

The filing

CompanyMacy's (M)
Form8-K, current report
Filed with the SECSep 3, 2025, 6:59 AM ET
Accession number0000794367-25-000139

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 03, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.