secwatch.observer — SEC 8-K summary
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Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001628280-25-010767
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macy's Q4 adj EPS $1.80 beats guidance; net sales down 4.3% to $7.8B
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- Q4 GAAP diluted EPS $1.21, adjusted diluted EPS $1.80 (exceeded prior guidance range).
- Net sales fell 4.3% to $7.8B; comparable sales down 1.1% owned but up 0.2% owned-plus-licensed-plus-marketplace.
- Bloomingdale's owned comparable sales grew 4.8%; Bluemercury up 6.2% (16th straight quarter).
- Ended year with $1.3B cash; plans to resume buybacks under remaining $1.4B authorization.
- FY2025 guidance: net sales $21.0-$21.4B; adj diluted EPS $2.05-$2.25 (excl. buyback impact).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000162828025010767/0001628280-25-010767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000162828025010767/m-20250306.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-010767

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