secwatch.observer — SEC 8-K summary
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Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0001628280-25-054900
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macy's Q3 adjusted EPS $0.09 beats; comp sales strongest in 13 quarters; FY guide raised
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- Q3 net sales $4.7B (-0.6% YoY); comparable O+L+M sales +3.2%, strongest in 13 quarters.
- GAAP diluted EPS $0.04; adjusted diluted EPS $0.09, above guidance driven by better sales and margins.
- Bloomingdale's comp sales +9.0% O+L+M (5th consecutive quarter); Macy's go-forward comp +2.3% O+L+M.
- FY 2025 guidance raised: net sales $21.475-$21.625B; adjusted EPS $2.00-$2.20 vs prior $1.70-$2.05.
- Returned $99M to shareholders in Q3 ($49M dividends, $50M buybacks); $1.2B remaining under $2B authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000162828025054900/0001628280-25-054900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000162828025054900/n-20251203.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-054900

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