Macy's Inc reports results for the quarter ended July 31 - Earnings Summary

Macy's

10/09/2026 14:31

Macy's Inc M.N reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 41 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 31 cents to 45 cents per share.
Revenue rose 1.1% to $4.87 billion from a year ago; analysts expected $4.83 billion. 
Macy's Inc's reported EPS for the quarter was 62 cents​.
The company reported quarterly net income of $169 million.
Macy's Inc shares had fallen by 8.7% this quarter and lost 2.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.1% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the department stores peer group is  "buy."
Wall Street's median 12-month price target for Macy's Inc is $24.00, about 10.4% above its last closing price of $21.51
This summary was machine generated from LSEG data September 10 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jul. 31 2026 
0.37
0.40
Beat
Apr. 30 2026 
0.03
0.13
Beat
Jan. 31 2026 
1.53
1.67
Beat
Oct. 31 2025 
-0.14
0.09
Beat