Back to top

Image: Bigstock

Macy's (M) Reports Q2 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

For the quarter ended July 2025, Macy's (M - Free Report) reported revenue of $4.81 billion, down 2.5% over the same period last year. EPS came in at $0.41, compared to $0.53 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $4.72 billion, representing a surprise of +1.99%. The company delivered an EPS surprise of +115.79%, with the consensus EPS estimate being $0.19.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Macy's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Comparable store sales - Owned basis - YoY change (Domestic retail): 0.8% compared to the -0.8% average estimate based on five analysts.
  • Store Count - Bluemercury (EOP): 173 versus the four-analyst average estimate of 173.
  • Store Count - Total Macy's (EOP): 449 versus 452 estimated by four analysts on average.
  • Store Count - Consolidated Macy's, Inc. (EOP): 681 compared to the 687 average estimate based on three analysts.
  • Revenue- Net Sales: $4.81 billion versus the four-analyst average estimate of $4.73 billion. The reported number represents a year-over-year change of -2.5%.
  • Revenue- Other Revenue: $187 million versus the four-analyst average estimate of $180.64 million. The reported number represents a year-over-year change of +17.6%.
  • Revenue- Other Revenue- Credit card revenues, net: $153 million versus $141.09 million estimated by three analysts on average.
  • Revenue- Other Revenue- Macy's Media Network revenue, net: $34 million versus $40.43 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change.

View all Key Company Metrics for Macy's here>>>

Shares of Macy's have returned +12.4% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Macy's, Inc. (M) - free report >>

Published in