$22.08
1.587.71%
At close: Sep 11, 5:00 PM EST
$22.03
-0.0539-0.24%
After Hours: Sep 11, 7:55 PM EST
Macy's Inc
MNYSE
Dividend: The dividend Ex-Date is tomorrow
Earnings: Q2 2026 Earnings were released on Thu Sep 10th, before the market open
Conference Call: The most recent conference call started at 8:00 AM, 3 days agoClick to view the webcast
Macy's Earnings & Forecasts
Macy's (M) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Macy's Guidance
Macy's (M) last issued guidance on September 10, 2026 for Q3 2026. The company guided earnings per share in the range of $-0.23 - $-0.19, compared to a consensus EPS estimate of $-0.12. Macy's also guided revenue in the range of $4.65B - $4.7B for the period.
Compared to prior guidance, Macy's lowered its revenue forecast from a prior range of $21.68B - $21.82B.
Macy's has issued 32 guidance updates between November 17, 2022 and September 10, 2026. During this period, the company raised its outlook 10 times and lowered it 16 times, providing investors with insight into management's evolving expectations.
Recent Earnings Results
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.35 | $0.02 | $1.55 | $-0.14 |
| Actual | $0.40 | $0.13 | $1.67 | $0.09 |
| Surprise | +14.3% | +550.0% | +7.74% | +164.3% |
| Revenue | ||||
| Estimate | $4.77B | $4.61B | $7.55B | $4.58B |
| Actual | $4.87B | $4.68B | $7.64B | $4.71B |
| Surprise | +1.92% | +1.50% | +1.20% | +3.01% |
Analyst Estimates — Forward PeriodsSource: Wall Street consensus
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $-0.16 | $1.86 | $0.05 | $0.37 |
| Revenue | ||||
| Consensus | $4.69B | $7.60B | $4.61B | $4.81B |
