---
schema_version: "secwatch.filing_event.v1"
accession: "0000794367-25-000139"
form_type: "8-K"
ticker: "M"
cik: "0000794367"
company_name: "Macy's, Inc."
filed_at: "2025-09-03T23:59:59+00:00"
generated_at: "2026-05-17T08:41:33.721630+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Macy's Q2 adjusted EPS $0.41 beats guidance; raises FY net sales and EPS outlook

## Summary
- Q2 net sales $4.8B (down 2.5% YoY) beat guidance; GAAP EPS $0.31, adjusted EPS $0.41 above guidance.
- Comparable sales (O+L+M) up 1.9%, best in 12 quarters; Bloomingdale's up 5.7%, Bluemercury up 1.2%.
- Raised FY2025 guidance: net sales $21.15B-$21.45B, adjusted EPS $1.70-$2.05 (prev. $1.60-$2.00).
- Net debt reduced ~$340M via $500M note issuance and $840M repayment; no material maturities until 2030.
- Returned $100M to shareholders in Q2 ($50M dividends, $50M buybacks); quarterly dividend $0.1824 declared.

## SEC filing metadata
- accession: 0000794367-25-000139
- form_type: 8-K
- ticker: M
- cik: 0000794367
- company_name: Macy's, Inc.
- filed_at: 2025-09-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794367/000079436725000139/0000794367-25-000139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794367/000079436725000139/n-20250903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794367-25-000139
- JSON: https://secwatch.observer/filing/0000794367-25-000139.json
- Plain text: https://secwatch.observer/filing/0000794367-25-000139.txt

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