Macy’s, Inc. (NYSE: M) reported its second quarter 2025 earnings results today.
Net sales decreased 2.5% year-over-year to $4.8 billion. Comparable sales were up 0.8% on an owned basis and up 1.9% on an owned-plus-licensed-plus-marketplace (O+L+M) basis.
Net income was $87 million, or $0.31 per share, compared to $150 million, or $0.53 per share, last year. Adjusted EPS was $0.41.
Revenue and earnings beat expectations.
For fiscal year 2025, net sales are expected to be $21.15-21.45 billion. Comparable owned-plus-licensed-plus-marketplace sales are expected to be down around 1.5% to down around 0.5% compared to last year. Adjusted EPS is expected to be $1.70-2.05.
The stock jumped 19% on Wednesday.
Prior performance
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