Macy's Stock News

Macy's, Inc. (NYSE:M ) Q1 2025 Earnings Conference Call May 28, 2025 8:00 AM ET Company Participants Pamela Quintiliano - VP of IR Tony Spring - Chairman and CEO Adrian Mitchell - COO and CFO Conference Call Participants Blake Anderson - Jefferies Paul Kearney - Barclays Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Matthew Boss - JPMorgan Dana Telsey - Telsey Advisory Group Michae...

The company also nodded to challenges from a slowdown in consumer spending and more competitive promotions and discounts across the retail industry.

Macy's, Inc.'s turnaround is progressing slowly, but Q1 results showed stabilization and some positive trends, especially in modernized stores and digital sales. Tariffs and increased promotional activity are pressuring margins, leading to lower EBITDA guidance and a wider EPS range, reflecting significant uncertainty. Despite headwinds, Macy's maintains a strong balance sheet, secure 6% divide...

Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pric...

Retailers are shaking up Wall Street, with earnings reports from Macy's Inc (NYSE:M), Abercrombie & Fitch Co (NYSE:ANF), and Dick's Sporting Goods Inc (NYSE:DKS) offering mixed signals on the impact of tariffs, consumer demand, and operational resilience.

Macy's cut its full-year earnings guidance to account for global tariffs and some moderation in consumer spending, but reported a smaller decline in sales than expected for the spring quarter.

Macy's Inc.'s M stock was up 3% in premarket trading Wednesday after the retailer's first-quarter adjusted earnings and revenue beat Wall Street's expectations.

The department store posts a better-than-feared first quarter but trims fiscal-year profit guidance.