Highest-materiality recent filing
Macy's Q1 comps +3.0%, EPS beat; raises full-year guidance
GAAP diluted EPS $0.23, adjusted $0.13; revenue $4.7B (+1.8% YoY).
Macy's Q4 net sales $7.6B, adj EPS $1.67 beats guidance; FY2026 guidance soft
Q4 comparable sales up 1.8%; go-forward comps up 2.0% (Macy's +0.6%, Bloomingdale's +9.9%, Bluemercury +1.3%).
Macy's Q3 net sales $4.7B, adj EPS $0.09 beat; raises FY outlook
Net sales $4.7B (down 0.6% YoY); comp sales +2.5% owned, +3.2% O+L+M; adj diluted EPS $0.09 above guidance.
Macy's Q3 adjusted EPS $0.09 beats; comp sales strongest in 13 quarters; FY guide raised
Q3 net sales $4.7B (-0.6% YoY); comparable O+L+M sales +3.2%, strongest in 13 quarters.
Macy's Q2 adjusted EPS $0.41 beats guidance; raises FY net sales and EPS outlook
Q2 net sales $4.8B (down 2.5% YoY) beat guidance; GAAP EPS $0.31, adjusted EPS $0.41 above guidance.
Macy's issues $500M of 7.375% senior notes due 2033 to fund tender offer and debt redemption
Issued $500M aggregate principal of 7.375% senior notes due 2033 at par; interest payable semi-annually starting Feb 1, 2026.
Macy's proposes $500M senior notes due 2033; launches $175M tender; redeems ~$587M
$500M senior notes due 2033 to be issued by Macy's Retail Holdings, guaranteed by Macy's, for tender/redemption/fees.
GAAP diluted EPS $0.13, adjusted EPS $0.16 vs. prior guidance range.
Macy's appoints Thomas J. Edwards as COO/CFO; Adrian Mitchell departs
Thomas J. Edwards to become COO and CFO effective June 22, 2025; Adrian Mitchell to leave after transition.
Macy's Q4 adj EPS $1.80 beats guidance; net sales down 4.3% to $7.8B
Q4 GAAP diluted EPS $1.21, adjusted diluted EPS $1.80 (exceeded prior guidance range).
Macy's Q3 GAAP EPS $0.10, adjusted $0.04; material weakness found after employee hid $151M expenses
Net sales $4.7B (-2.4% YoY); comparable sales down 1.3% on owned+licensed+marketplace basis.
Macy's reports preliminary Q3 sales of $4.74B; employee hid $132-154M in delivery expenses
Preliminary Q3 net sales $4.742B, down 2.4% YoY; comparable sales down 2.4% owned, 1.3% owned-plus-licensed-plus-marketplace.
Macy's Q2 GAAP EPS $0.53 vs loss of $0.08; revenue $4.9B -3.8%; lowers net sales guidance
Diluted EPS $0.53 (Adjusted $0.53) exceeded outlook; compares to diluted loss of $(0.08) and adjusted EPS $0.26 in Q2 2023.
Macy's terminates acquisition talks with Arkhouse and Brigade; cites financing uncertainty
Arkhouse/Brigade's revised $24.80/share proposal deemed non-actionable; Board unanimously ends discussions.
Macy's Q1 diluted EPS $0.22 beats outlook; raises FY adjusted EPS guidance to $2.55-$2.90
Diluted EPS $0.22 ($0.27 adjusted) vs $0.56 year ago; net sales $4.8B down 2.7%.
Macy's adds two Arkhouse nominees to board, forms finance committee to evaluate buyout proposal
Richard Clark and Richard Markee appointed to board effective April 10; Arkhouse withdraws proxy contest.
Macy's reports Q4 adjusted EPS $2.45, unveils 'A Bold New Chapter' with ~150 store closures
Q4 GAAP diluted EPS loss of $0.26 (incl. $1.0B impairment); adjusted EPS $2.45 vs $1.88 last year.
Macy's appoints Tony Spring as CEO effective Feb 4, 2024; Jeff Gennette retires after 40 years
Tony Spring, age 58, becomes CEO and Chairman-Elect on Feb 4, 2024, succeeding Jeff Gennette.
Board reviewed unsolicited non-binding proposal received Dec 1, 2023 for $21.00 per share cash.
Macy's Q3 beats expectations; adjusted EPS $0.21 vs $0.52 prior year, net sales $4.86B down 7%
Diluted EPS $0.15, adjusted $0.21; net sales $4.86B down 7% YoY; comparable sales (owned+licensed) down 6.3%.
Macy's Q2 net sales $5.13B, down 8% YoY; adjusted EPS $0.26 vs $1.00; reaffirms FY guidance
Diluted EPS ($0.08) includes pension settlement charge; adjusted EPS $0.26 vs $1.00 prior year.
Macy's Q1 net sales $5B (-7% YoY); cuts full-year guidance on weakening consumer demand
Diluted EPS $0.56 (adj. $0.56) vs $0.98 (adj. $1.08) a year ago; net income $155M.
Macy's CEO Jeff Gennette to retire Feb 2024; Tony Spring named president and CEO-elect
Jeff Gennette (61) plans to retire in February 2024 after 40 years with Macy's.
Thomas J. Edwards, Jr., 60, has been appointed Chief Operating Officer and Chief Financial Officer of Macy’s, Inc., effective June 22, 2025.
Adrian V. Mitchell, Chief Operating Officer and Chief Financial Officer, will be leaving the Company.
the Board of Directors elected Robert Chavez as an independent director, effective April 1, 2025.
Sara Levinson will not stand for reelection at the Company's 2025 Annual Meeting of Shareholders in accordance with the mandatory retirement age of the Board's Corporate Governance Principles.
On November 25, 2024, Ashley Buchanan resigned as a director of Macy’s, Inc. (the “Company”).
On October 21, 2024, William H. Lenehan notified Macy’s, Inc. (the “Company”) that he is resigning as a director of the Company effective October 25, 2024.
Upon Mr. Gennette’s resignation, and in accordance with the Company’s previously announced changes to its Board, Tony Spring, Chief Executive Officer and Chairman-elect of the Company, was appointed Chairman of the Board effective immediately.
Pursuant to the Arkhouse Agreement, on April 10, 2024, Messrs. Clark and Markee were selected as directors with a term expiring at the Company’s 2024 Annual Meeting.
On April 10, 2024, Francis S. Blake retired from the Board and from his positions as Chair of the Finance Committee and member of the Compensation & Management Development Committee, effective immediately.
Pursuant to the Arkhouse Agreement, on April 10, 2024, Messrs. Clark and Markee were selected as directors with a term expiring at the Company’s 2024 Annual Meeting.
On April 10, 2024, Jeff Gennette retired from the Board and from his position as Chairman of the Board, effective immediately.
On April 10, 2024, the Company also appointed Douglas W. Sesler to the Board with a term expiring at the Company’s 2024 Annual Meeting.
Max materiality 0.85 · Median 0.60 · Most common event earnings