secwatch.observer — SEC 8-K summary
======================================

Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K/A
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0000794367-25-000165
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macy's Q3 net sales $4.7B, adj EPS $0.09 beat; raises FY outlook
----------------------------------------------------------------

- Net sales $4.7B (down 0.6% YoY); comp sales +2.5% owned, +3.2% O+L+M; adj diluted EPS $0.09 above guidance.
- FY 2025 guidance raised: net sales $21.475B-$21.625B, adj EPS $2.00-$2.20 (prev $1.70-$2.05).
- Correction: Core Adj EBITDA guidance range revised to 7.5%-7.7% (was 7.5%-7.8%).
- Returned ~$99M to shareholders in Q3: $49M dividends, $50M buybacks; $1.2B remaining authorization.
- Bloomingdale's comps +8.8% owned (5th consecutive quarter); Macy's go-forward +2.7% owned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000079436725000165/0000794367-25-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000079436725000165/n-20251203.htm
  HTML page:      https://secwatch.observer/filing/0000794367-25-000165

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer