Macy's Fiscal Q2 Adjusted Earnings, Revenue Rise; Raises Fiscal 2026 Guidance

07:31 AM EDT, 09/10/2026 (MT Newswires) -- Macy's (M) reported fiscal Q2 adjusted earnings Thursday of $0.63 per diluted share, up from $0.35 a year earlier. Analysts surveyed by FactSet expected $0.37. Net sales for the quarter ended Aug. 1 were $4.87 billion, up from $4.81 billion a year earlier. Analysts polled by FactSet expected $4.81 billion. For fiscal Q3, Macy's expects an adjusted diluted loss of $0.23 to $0.19 on net sales of $4.65 billion to $4.70 billion. Analysts surveyed by FactSet expect an adjusted loss of $0.06 on sales of $4.65 billion. The company now expects fiscal 2026 adjusted diluted EPS of $2.15 to $2.35, compared with the prior outlook of $2 to $2.20. Analysts surveyed by FactSet expect $2.24. Net sales for the current fiscal year are projected to be in the range of $21.675 billion to $21.825 billion, compared with the previous guidance of $21.5 billion to $21.75 billion, the company said. Analysts polled by FactSet expect $21.72 billion. Macy's shares were down more than 2% in recent Thursday pre-bell activity.