Macy's (M)

The company seems to be surviving the retail apocalypse quite well.

Macy's is advancing its Bold New Chapter strategy: shutting stores, expanding luxury, and selling $750 million in assets.

Department store chain Macy’s (NYSE:M) beat Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 1.9% year on year to $5.00 billion. The company’s full-year revenue guidance of $21.3 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $0.31 per share was 66.2% above analysts’ consensus estimates.

U.S. stock futures were swinging on Thursday following Wednesday's mixed moves. Futures of major benchmark indices were mixed.

CNN Money Fear and Greed index showed market sentiment decline, while Nasdaq gained 1%. Alphabet and Apple stocks rose, Macy's jumped 20%.

Alphabet’s courtroom triumph sent its shares to record highs and lifted the Nasdaq, even as labor market data hinted at cooling momentum. Investors are starting to price in possible Fed rate cuts this month.

Macy's just proved the doubters wrong with earnings that more than doubled Wall Street's expectations. Will it be enough long term?

The financial markets have been abuzz with significant company-specific news, as major players like Kraft Heinz (NASDAQ: KHC), PepsiCo (NASDAQ: PEP), and Macy's (NYSE: M) have each announced developments with immediate and distinct implications for their operations and stock performance. These events, ranging from a strategic corporate restructuring to the

Shares of department store chain Macy’s (NYSE:M) jumped 19.6% in the morning session after the company reported second-quarter results that beat Wall Street's expectations, raised its full-year forecast, and posted a welcome return to same-store sales growth. 

Today's session on Wednesday is marked by notable gaps in various stocks. Stay informed with the gap up and gap down stocks in today's session.

Macy's stock jumped after Q2 earnings topped estimates, comparable sales grew, and the retailer raised its full-year guidance for sales and profit.

Macy’s now expects fiscal 2025 net sales of $21.15 billion to $21.45 billion, compared with the previous forecast of $21.0 billion to $21.4 billion.

Here is the Macy's Q2 FY2025 earnings call transcript.

Department store chain Macy’s (NYSE:M) beat Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 1.9% year on year to $5.00 billion. The company’s full-year revenue guidance of $21.3 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $0.41 per share was significantly above analysts’ consensus estimates.