---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-021327"
form_type: "8-K"
ticker: "M"
cik: "0000794367"
company_name: "Macy's, Inc."
filed_at: "2022-05-26T23:59:59+00:00"
generated_at: "2026-06-25T06:58:46.817026+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Macy's Q1 adj. EPS $1.08 beats expectations, raises full-year adj. EPS guidance

## Summary
- Q1 net sales $5.35B (+13.6% YoY); comparable sales +12.4% owned-plus-licensed; digital sales +34% vs Q1 2019.
- GAAP diluted EPS $0.98, adjusted diluted EPS $1.08 vs $0.39 prior year; gross margin 39.6% (up 100 bps).
- Raised FY22 adjusted EPS guidance to $4.53-$4.95 (from $4.13-$4.52); reaffirmed sales guidance ~$24.5B.
- Repurchased $600M of shares under new $2B buyback; no material debt maturities for 5 years after restructuring.
- Quarterly dividend declared $0.1575/share, payable July 1, 2022 to record holders June 15.

## SEC filing metadata
- accession: 0001564590-22-021327
- form_type: 8-K
- ticker: M
- cik: 0000794367
- company_name: Macy's, Inc.
- filed_at: 2022-05-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794367/000156459022021327/0001564590-22-021327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794367/000156459022021327/m-8k_20220526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-021327
- JSON: https://secwatch.observer/filing/0001564590-22-021327.json
- Plain text: https://secwatch.observer/filing/0001564590-22-021327.txt

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