Macy's

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. » More on 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. » More on 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. » More on de.investing.com