Macy's Beats Q2 Estimates With $0.40 EPS on $4.87 Billion Revenue
Updated
Updated · Yahoo Finance · Sep 10
Macy's Beats Q2 Estimates With $0.40 EPS on $4.87 Billion Revenue
3 articles · Updated · Yahoo Finance · Sep 10
Summary
Macy's posted adjusted Q2 earnings of $0.40 a share, topping the $0.37 consensus estimate and edging below $0.41 a year earlier.
Revenue reached $4.87 billion for the quarter ended July 2026, beating forecasts by 0.97% and rising from $4.81 billion a year ago.
The retailer has now exceeded both EPS and revenue estimates in each of the past four quarters, extending a run that included a 550% earnings surprise last quarter.
Management's earnings-call commentary and estimate revisions are now in focus, with current consensus at a $0.12 per-share loss on $4.67 billion next quarter and $2.22 EPS on $21.77 billion for the year.
The beat follows a stronger Q2 update that included raised full-year guidance, even as Macy's shares remain down 2.5% this year against the S&P 500's 11.6% gain.