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    Macy's Inc (M)

    Financials

    Updated Jun 5, 2025, 12:18 PM UTC
    Income Statement - MetricFY 2014Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025Q3 2025Q4 2025FY 2025Q1 2026
    Net Sales (USD, millions)8,120.0023,0924,8464,937.004,742.007,76822,293.00-
    Other Revenue (USD, millions)255.00774154159.00161.00239713.00-
    Total Revenue (USD, millions)8,375.0023,8665,0005,096.004,903.008,00723,006.00-
    Cost of Sales (USD, millions)(5,076.00)(14,143)(2,946)(2,938.00)(2,865.00)(4,991)(13,740.00)-
    Selling, General and Administrative Expenses (USD, millions)(2,405.00)(8,375)(1,911)(1,973.00)(2,064.00)(2,382)(8,330.00)-
    Gains on Sale of Real Estate (USD, millions)41.0061136.0066.0041144.00-
    Impairment, Restructuring and Other Costs (USD, millions)(1,006.00)(1,027)(19)0.0024.00(175)(170.00)-
    Operating Income (Loss) (USD, millions)(71.00)382125221.0064.00500910.00-
    Benefit Plan Income, Net (USD, millions)1.001144.004.00416.00-
    Interest Expense, Net (USD, millions)(27.00)(135)(31)(31.00)(32.00)(22)(116.00)-
    Losses on Early Retirement of Debt (USD, millions)--------
    Income (Loss) Before Income Taxes (USD, millions)(102.00)12498194.0035.00436763.00-
    Federal, State and Local Income Tax (Expense) Benefit (USD, millions)32.00(19)(36)(44.00)(7.00)(94)(181.00)-
    Net Income (Loss) (USD, millions)(70.00)10562150.0028.00342582.00-
    Basic Earnings (Loss) per Share (USD)(0.26)0.380.220.550.091.232.09-
    Diluted Earnings (Loss) per Share (USD)(0.25)0.380.220.530.101.212.06-
    Balance Sheet - MetricFY 2014Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025Q3 2025Q4 2025FY 2025Q1 2026
    Cash and cash equivalents (USD, millions)1,0341,0348766463151,3061,306-
    Receivables (USD, millions)293293257268224303303-
    Merchandise inventories (USD, millions)4,3614,3614,6874,3786,2574,4684,468-
    Prepaid expenses and other current assets (USD, millions)401401442403416385385-
    Income taxes receivable (USD, millions)---12341717-
    Total Current Assets (USD, millions)6,0896,0896,2625,7077,2466,4796,479-
    Property and Equipment – net (USD, millions)5,3085,3085,2955,2345,1615,0705,070-
    Right of Use Assets (USD, millions)2,3052,3052,3582,3452,3222,2432,243-
    Goodwill (USD, millions)828828828828828828828-
    Other Intangible Assets – net (USD, millions)430430429428426425425-
    Other Assets (USD, millions)1,2861,2861,2771,2911,3101,3571,357-
    Total Assets (USD, millions)16,24616,24616,44915,83317,29316,40216,402-
    Short-term debt (USD, millions)---69266-
    Merchandise accounts payable (USD, millions)1,9131,9132,3471,8713,3441,8931,893-
    Accounts payable and accrued liabilities (USD, millions)2,4342,4342,0881,9902,3372,6252,625-
    Income taxes payable (USD, millions)8383115-----
    Total Current Liabilities (USD, millions)4,4304,4304,5503,8675,7734,5244,524-
    Long-Term Debt (USD, millions)2,9982,9982,9982,9932,7732,7732,773-
    Long-Term Lease Liabilities (USD, millions)2,9862,9863,0343,0132,9612,9272,927-
    Deferred Income Taxes (USD, millions)745745749725712724724-
    Other Liabilities (USD, millions)950950932932927902902-
    Shareholders' Equity (USD, millions)4,1374,1374,1864,3034,1474,5524,552-
    Total Liabilities and Shareholders’ Equity (USD, millions)16,24616,24616,44915,83317,29316,40216,402-
    Cash Flow - MetricFY 2014Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025Q3 2025Q4 2025FY 2025Q1 2026
    Net income (USD, millions)(70.00)105----58238
    Impairment, restructuring and other costs (USD, millions)1,006.001,027----1717
    Depreciation and amortization (USD, millions)232.00897----881219
    Benefit plans (USD, millions)0.004----21
    Stock-based compensation expense (USD, millions)2.0047----5813
    Gains on sale of real estate (USD, millions)(41.00)(61)----(144)(16)
    Deferred income taxes (USD, millions)(201.00)(244)----(52)(2)
    Amortization of financing costs and premium on acquired debt (USD, millions)2.0010----112
    Decrease in receivables (USD, millions)(75.00)7----262
    Increase in merchandise inventories (USD, millions)1,658.00(99)----(51)(198)
    Decrease in accounts payable and accrued liabilities (USD, millions)(42.00)(347)----(49)(344)
    Increase (decrease) in current income taxes (USD, millions)147.0024----(69)25
    Change in other assets and liabilities (USD, millions)(17.00)(104)----(110)(45)
    Net cash provided by operating activities (USD, millions)1,147.001,305----1,278(64)
    Purchase of property and equipment (USD, millions)(146.00)(631)----(518)(100)
    Capitalized software (USD, millions)(98.00)(362)----(364)(77)
    Proceeds from disposition of assets, net (USD, millions)50.0086----28338
    Other, net (investing activities) (USD, millions)(3.00)(6)----76
    Net cash used by investing activities (USD, millions)(197.00)(913)----(592)(133)
    Debt issuance costs (USD, millions)0.00(1)----(1)(6)
    Debt repaid (USD, millions)(810.00)(963)----(524)(1)
    Dividends paid (USD, millions)(46.00)(181)----(192)(51)
    Acquisition of treasury stock (USD, millions)0.00(38)----(1)(97)
    Net cash used by financing activities (USD, millions)(280.00)(220)----(413)(178)
    Cash, cash equivalents and restricted cash beginning of period (USD, millions)865865---1,0371,0371,310
    Cash, cash equivalents and restricted cash end of period (USD, millions)1,0371,037---1,3101,310935
    KPIs - Metric (Unit, Scale)FY 2014Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025Q3 2025Q4 2025FY 2025Q1 2026
    Year-over-year change in Macy’s digital visits (percentage)--2.30.70.4---
    Year-over-year change in digital conversion rate for Macy’s (basis points)---14-30-20---
    Year-over-year improvement in Net Promoter Score for Macy’s First 50 (basis points)--500600400---
    Year-over-year improvement in Net Promoter Score for Bloomingdale's (basis points)---250----
    Year-over-year outperformance in women's shoes sales for tested go-forward Macy's locations (basis points)----600---
    Year-over-year outperformance in women's handbags sales for tested go-forward Macy's locations (basis points)----700---
    Number of Macy's small format stores (count)-12------
    Number of Bloomingdale's small format stores (count)--------
    Number of new Bluemercury store openings (count)--------
    Number of Bluemercury store remodels (count)--------
    Comparable sales for Macy's, Inc. (owned basis) (percentage)--6.9-1.2-2.6----
    Comparable sales for Macy's, Inc. (owned-plus-licensed-plus-marketplace basis) (percentage)---0.3-3.3-1.6---
    Comparable sales for Macy's, Inc. go-forward business (owned basis) (percentage)---0.9-3.8-2.0---
    Comparable sales for Macy's, Inc. go-forward business (owned-plus-licensed-plus-marketplace basis) (percentage)--0.1-3.0-0.9---
    Comparable sales for Macy's (owned basis) (percentage)---1.6-4.5----
    Comparable sales for Macy's (owned-plus-licensed-plus-marketplace basis) (percentage)---0.4-3.6----
    Comparable sales for Macy's go-forward business (owned basis) (percentage)---0.9-3.8-2.0---
    Comparable sales for Macy's go-forward business (owned-plus-licensed-plus-marketplace basis) (percentage)--0.1-3.3-1.8---
    Comparable sales for Bloomingdale's (owned basis) (percentage)--0.8-1.11.0---
    Comparable sales for Bloomingdale's (owned-plus-licensed-plus-marketplace basis) (percentage)--0.3-1.43.2---
    Comparable sales for Bluemercury (owned basis) (percentage)--4.32.03.3---
    Comparable sales for Macy’s First 50 locations (owned basis) (percentage)--3.30.81.9---
    Comparable sales for Macy’s First 50 locations (owned-plus-licensed basis) (percentage)--3.41.01.9---