Macy’s, Inc has posted net sales of $4.8 billion in Q2 FY25, beating guidance, with adjusted EPS at $0.41.
Comparable sales rose 1.9 per cent (O+L+M), the strongest in 12 quarters, led by Bloomingdale’s, Bluemercury, and Reimagine 125 stores.
Net income fell to $87 million, while adjusted EBITDA declined to $393 million.
The company raised FY2025 guidance, projecting sales of $21.15–$21.45 billion.
Comparable sales rose 1.9 per cent (O+L+M), the strongest in 12 quarters, led by Bloomingdale’s, Bluemercury, and Reimagine 125 stores.
Net income fell to $87 million, while adjusted EBITDA declined to $393 million.
The company raised FY2025 guidance, projecting sales of $21.15–$21.45 billion.
