---
schema_version: "secwatch.filing_event.v1"
accession: "0000794367-24-000199"
form_type: "8-K"
ticker: "M"
cik: "0000794367"
company_name: "Macy's, Inc."
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:20:05.368181+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Macy's reports preliminary Q3 sales of $4.74B; employee hid $132-154M in delivery expenses

## Summary
- Preliminary Q3 net sales $4.742B, down 2.4% YoY; comparable sales down 2.4% owned, 1.3% owned-plus-licensed-plus-marketplace.
- Macy's First 50 locations had 3rd straight quarter of comparable sales growth (+1.9%); Bloomingdale's and Bluemercury also positive.
- Asset sale gains of $66M, pulled forward from Q4 and above expectations, contributed to results.
- Single employee made erroneous accrual entries to hide ~$132-154M of delivery expenses from Q4 2021 to Q3 2024; no cash impact.
- Full Q3 earnings release and conference call delayed; expects to report by December 11, 2024.

## SEC filing metadata
- accession: 0000794367-24-000199
- form_type: 8-K
- ticker: M
- cik: 0000794367
- company_name: Macy's, Inc.
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794367/000079436724000199/0000794367-24-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794367/000079436724000199/n-20241125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794367-24-000199
- JSON: https://secwatch.observer/filing/0000794367-24-000199.json
- Plain text: https://secwatch.observer/filing/0000794367-24-000199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.