- Macy’s (NYSE: M) will report its second-quarter fiscal 2026 results on September 10, 2026.
- Analysts expect approximately $0.37 in adjusted earnings per share (EPS) and $4.81 billion in net sales, compared with company guidance of $0.29–$0.34 per share and $4.75–$4.80 billion, respectively.
- Macy’s turnaround strategy focuses on strengthening its namesake stores, accelerating growth at Bloomingdale’s and Bluemercury, and monetizing parts of its supply-chain asset portfolio.
Macy’s (NYSE: M) operates the Macy’s, Bloomingdale’s, and Bluemercury retail brands through stores and digital platforms. Its A Bold New Chapter strategy includes improving merchandise and customer experiences, optimizing the Macy’s store portfolio, expanding its luxury businesses, and simplifying operations. The company specifically identifies the rationalization and monetization of its supply-chain assets as a strategic priority—not the broad sale of all real estate assets.
Macy’s will release its second-quarter fiscal 2026 sales and earnings on September 10, followed by an investor call at 8:00 a.m. ET. Analysts expect adjusted EPS of approximately $0.37 and net sales of about $4.81 billion, although consensus estimates can vary slightly among data providers. These forecasts are above management’s reported guidance of $0.29–$0.34 in adjusted EPS and $4.75–$4.80 billion in net sales.
Macy’s has exceeded earnings expectations in its two most recent reported quarters. The reported price-to-sales ratio of 0.25 and earnings yield of 11.72% suggest a relatively low valuation, but these figures are time-sensitive and depend on the calculation method.
