earnings
confidence high
sentiment negative
materiality 0.75
Macy's Q1 net sales $4.6B beat guidance; adj. EPS $0.16 tops forecast; FY adj. EPS guidance cut to $1.60-$2.00
Macy's, Inc.
2025-Q1 EPS reported
$0.13
revenue$4,793,000,000
- GAAP diluted EPS $0.13, adjusted EPS $0.16 vs. prior guidance range.
- Comparable sales (owned+licensed+marketplace) down 1.2%, beating company guidance.
- Bloomingdale's comps up 3.8% (owned+licensed+marketplace); Bluemercury comps up 1.5% (17th consecutive quarter).
- FY 2025 adjusted EBITDA margin guidance lowered to 7.4%-7.9% from 8.4%-8.6%; adj. EPS cut to $1.60-$2.00 from $2.05-$2.25.
- Returned $152M to shareholders: $51M dividend, $101M share repurchases; quarterly dividend of $0.1824 declared.
item 2.02item 9.01