Macy’s, Inc has reported stronger-than-expected Q3 results, with $4.7 billion in net sales and comparable sales up 2.5 per cent (owned) and 3.2 per cent (O+L+M).
The company raised its fiscal 2025 outlook, projecting up to $21.625 billion in sales and higher EBITDA margins.
Adjusted EPS reached $0.09.
Bloomingdale’s led growth and Reimagine 125 stores outperformed.