Macy's

Macy’s reports progress on its turnaround plan and raised the full-year outlook for adjusted earnings per share from $1.90–2.10 to $2.15–2.35, as well as the revenue outlook. The Reimagine store program was expanded to 200 locations and is a key driver of sales growth; Bloomingdale’s and Bluemercury continue to show strong growth. Management cites improvements in the shopping experience, higher AURs and initial supply-chain savings, but warns of headwinds in H2 2026 from tariffs, inflation and lower conversion. AI projects and additional operational savings are expected to support efficiency and margins over the long term. » Mere på de.investing.com

Macy's reported Q2 comparable sales up 2.7% and adjusted EPS of $0.63, topping estimates as net sales reached $4.9 billion. The company raised its 2026 net sales outlook to $21.67–21.82 billion and cited progress in its 'Bold New Chapter' store-remodel and brand strategy. Investors remained cautious because part of the EPS beat reflected $0.23 per share in tariff refunds, short interest stays elevated and the stock still trades at a low forward P/E. » Mere på finance.yahoo.com

Macy's reported Q2 outperformance led by its 'Reimagined 200' stores and record second-quarter sales at Bloomingdale's, with Average Unit Retail up 9% as the company shifts toward higher-tier fashion brands. Operational gains from AI-driven replenishment and marketplace expansion improved service and lowered supply-chain costs. Macy's received $116 million in tariff refunds, allocating $20 million to the bottom line and reinvesting the remainder into brand building and 2027 store expansion; gross margin headwind outlook was reduced. Management raised full-year guidance but remains cautious on H2 macro volatility, noting healthy inventory and a challenging Q3 comparable. » Mere på finance.yahoo.com

Macy’s posted a second quarter with adjusted EPS of $0.63 and revenue slightly above expectations, but disappointed investors with a cautious full-year revenue forecast of $21.68–21.83 billion. The raised full-year EPS range reflects a one‑time benefit from tariff refunds, which analysts view as a quality distortion. Same‑store sales growth slowed slightly, and macroeconomic factors such as rising oil prices and higher yields amplified the stock’s premarket sell‑off. » Mere på de.investing.com

Macy's reported Q2 revenue of $4.9 billion and adjusted EPS of $0.63 including $0.23 from $98m in tariff refunds (total $116m including post-quarter receipts). Excluding refunds adjusted EPS was $0.40, above estimates, and comparable sales rose 2.7% with strong gains at Bloomingdale's and Bluemercury. The company lifted fiscal 2026 revenue, adjusted EPS and comparable-sales guidance but some targets, including revenue and adjusted EBITDA margin, remain below Wall Street estimates as Macy's plans to reinvest most of the tariff refunds. » Mere på finance.yahoo.com