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Macy's Q2 Earnings Drop, Yet Optimistic Forecasts Ahead

9/3/2025

44 5 Full Breakdown

Summary

Story summary

Macy's net income for Q2 2025 was $87 million, a decrease from $150 million in the prior year.
The company raised its earnings forecast to $1.70-$2.05 per share and revenue expectations to $21.15-$21.45 billion.
Comparable sales grew by 0.8%, the first increase in 12 quarters, due to store renovations and enhanced customer experience.
CEO Tony Spring expressed cautious optimism amid ongoing tariff pressures and selective price increases.

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Story summary

Macy's net income for Q2 2025 was $87 million, a decrease from $150 million in the prior year.
The company raised its earnings forecast to $1.70-$2.05 per share and revenue expectations to $21.15-$21.45 billion.
Comparable sales grew by 0.8%, the first increase in 12 quarters, due to store renovations and enhanced customer experience.
CEO Tony Spring expressed cautious optimism amid ongoing tariff pressures and selective price increases.