secwatch.observer — SEC 8-K summary
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Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0001564590-22-037892
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macy's Q3 2022: Adj EPS $0.52 beats guidance; reaffirms sales, raises EPS forecast
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- Net sales $5.23B, down 3.9% YoY; comparable sales -3.1% owned, -2.7% owned+licensed.
- Diluted EPS $0.39; adjusted diluted EPS $0.52 vs. $1.23 in Q3 2021.
- Gross margin 38.7% vs 41.0% in prior year; inventory up 4% YoY.
- FY 2022 sales guidance reaffirmed $24.34B-$24.58B; adj. EPS raised to $4.07-$4.27 from $4.00-$4.20.
- Bloomingdale's (+5.3% comp) and Bluemercury (+14.0% comp) outperformed Macy's brand (-4.4% comp).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000156459022037892/0001564590-22-037892-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000156459022037892/m-8k_20221117.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-037892

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