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

Macy's Q4 net sales fell 4.3% to $7.8B; 2025 adjusted EPS guided to $2.05-$2.25

Mixed Impact 4 of 5 earnings Written later

Macy's reported fourth quarter and fiscal 2024 results on March 6, 2025, with net sales down 4.3% in the quarter to $7.8 billion while GAAP diluted EPS rose to $1.21 from a loss of $0.47 a year earlier. Adjusted diluted EPS fell to $1.80 from $2.24, but beat the company's prior guidance range. The company guided fiscal 2025 adjusted diluted EPS to $2.05 to $2.25, below the $2.64 reported for fiscal 2024, and said it intends to resume share buybacks.

Key points

  • Q4 2024 GAAP diluted EPS was $1.21 versus a loss of $0.47 in Q4 2023; adjusted diluted EPS was $1.80 versus $2.24
  • Fiscal 2024 net sales were $22.3 billion, down 3.5%; GAAP diluted EPS was $2.07 and adjusted diluted EPS was $2.64
  • Fiscal 2025 guidance: net sales of $21.0 billion to $21.4 billion and adjusted diluted EPS of $2.05 to $2.25
  • Cash was $1.3 billion at year end; the company intends to resume buybacks under the remaining $1.4 billion authorization, market conditions permitting

The filing

CompanyMacy's (M)
Form8-K, current report
Filed with the SECMar 6, 2025, 7:26 AM ET
Accession number0001628280-25-010767

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits 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 March 06, 2025.

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