secwatch.observer — SEC 8-K summary
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Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K
Filed at:   2025-05-28T23:59:59+00:00
Accession:  0001628280-25-028040
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000162828025028040/0001628280-25-028040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000162828025028040/n-20250528.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-028040

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