Macy's Q2 Sales Beat Estimates, But Tariff Refunds Mask Margin Pressure
Macy's Inc (NYSE:M) Thursday reported its second-quarter results.
M - Macy's, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$23.80
DETAILS
HIGH:
$30.00
LOW:
$22.00
MEDIAN:
$22.00
CONSENSUS:
$23.80
UPSIDE:
7.79%
Stock News
Macy's Stock Down 5% Despite Q2 Earnings Beat, FY'26 View Raised
M's Q2 earnings and sales beat estimates and the company raises its fiscal 2026 outlook, yet shares fall 4.7% as investors weigh a Q3 loss and softer comps.
Macy's Falls on Guidance Despite Sales Beat, Better Outlook
Macy's Inc. tumbled after the company's third quarter guidance left investors unimpressed, overshadowing a strong quarterly performance and increase in outlook. Bloomberg's Emily Cohn joins to discuss.
Macy's, Inc. (M) Q2 2026 Earnings Call Transcript
Macy's, Inc. (M) Q2 2026 Earnings Call Transcript
Should Income Investors Buy the Dip in Macy's (M) Stock After Q2 Earnings?
The post-earnings pullback may be worth a closer look for income investors, particularly as Macy's turnaround gains traction and its roughly 3.5% dividend yield appears increasingly well supported.
Macy's Raises Outlook as Premium Goods Drive Sales Growth
Adding higher-priced products and catering to middle- and high-income consumers helped drive sales growth across the Macy's, Inc. brands in the second quarter, executives said Thursday (Sept. 10) during an earnings call.
Crude Oil Surges 6%; Macy's Shares Fall After Q2 Results
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 300 points on Thursday.
Stock Market Midday, Sept. 10: Surging Oil Prices Pressure Markets Again
Today, Sept. 10, 2026, drone and defense stock AeroVironment jumps while broader markets fall as geopolitical tensions re-escalate.
Macy's and American Eagle Both Got Crushed but Only One Looks Worth Buying
Macy's and American Eagle both reported earnings within hours of each other, both got punished by the market, and yet only one of them belongs anywhere near a retirement portfolio. The reasons why will surprise you.
Why a 'beat and raise' isn't driving Macy's stock higher?
Macy's (M) stock opened in the red on Thursday even though the retailer posted a top- and bottom-line beats – and modestly raised its guidance for the full-year as well. The department store chain recorded 40 cents per share of earnings (EPS) for its Q2 on $4.87 billion in revenue, handily beating 37 cents a share and $4.83 billion consensus.
Macy's raises annual profit forecast on tariff refunds, quarterly sales beat
Macy's, Inc. (NYSE:M) raised its full-year profit outlook after quarterly sales topped analyst estimates, helped by a boost from tariff refunds, even as shares of the department store operator fell 3% on weaker-than-expected guidance. The company reported second-quarter revenue of $4.9 billion, above the $4.83 billion analysts had expected and up 1.1% from a year earlier.
Thursday's First Moves: AEO, M & COO Sell Off After Earnings
American Eagle Outfitters (AEO) posted a "mixed bag" earnings report, according to George Tsilis, who explains why the clothing retailer company is seeing pressure from pinched U.S. consumers. Macy's (M) also traded lower despite posting an earnings beat and increased full-year guidance.
Macy's (M) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Macy's (M) give insight into how the company performed in the quarter ended July 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Macy's Q2 Earnings Call Highlights
Macy's NYSE: M reported higher second-quarter sales and profitability, citing continued momentum from its A Bold New Chapter strategy across the Macy's, Bloomingdale's and Bluemercury nameplates. The company raised its full-year outlook after results exceeded its prior guidance, while maintaining its second-half sales assumptions.
Macy's: The Turnaround Continues, Boosted By Tariffs In Q2, Raising My Target
Macy's, Inc. delivered strong Q2 results, beating revenue and EPS expectations, and I reiterate a buy rating despite recent share price weakness. M's FY 2026 guidance was raised, with net sales targeted at $21.675–$21.825 billion and adjusted EPS of $2.15–$2.35, reflecting management confidence. M stock's valuation remains compelling with an 18.4% FCF yield and potential upside to $26/share, though macro headwinds like fuel costs and rates persist.
Macy's Sinks 5% Despite Raised Full-Year Outlook, Kohl's and TJX Barely Budge
Shares of Macy's, Inc. (NYSE:M | M Price Prediction) are down 5% to $20.45 in early Thursday trading. The slide arrives despite a fiscal second-quarter beat and a raised full-year outlook that the company delivered before the open.
Macy's (M) Q2 Earnings and Revenues Beat Estimates
Macy's (M) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.41 per share a year ago.
Macy's Raises Outlook but the Stock Falls Anyway
Macy's Inc. (M) fell 3.30% premarket after raising its full-year sales and profit guidance and beating on the quarter. It reported second-quarter sales of $4.87
First Look: Apple Unveils Foldable iPhone, Google Invests $15B in AI
Prefer to listen? Hear this as a ~5-minute audio briefing on The GuruFocus Brief.Stock NewsAnthropic researcher resigns over AI safety concerns: Jacob Coxon, a
Macy's Raises Full-Year Outlook Again on Sales Growth
The department-store retailer lifted its full-year net sales outlook to $21.68 billion to $21.83 billion, from its previous outlook in June of $21.5 billion to $21.75 billion.
Price Targets
Macy's resumed with an Overweight at Morgan Stanley
$30.00
(was $23.66)
Morgan Stanley
Macy's price target raised to $23 from $20 at Telsey Advisory
$23.00
(was $23.33)
Telsey Advisory
Macy's price target raised to $22 from $19 at Evercore ISI
$22.00
(was $23.41)
Michael Binetti
·
Evercore ISI
Macy's price target raised to $22 from $20 at Gordon Haskett
$22.00
(was $21.80)
Chuck Grom
·
Gordon Haskett Capital Corporation
Jefferies Reiterates Buy Rating on Macy's (M): 'encouraged by Q1 comp guide'
$22.00
(was $17.79)
Blake Anderson
·
Jefferies
Macy's price target raised to $9 from $8 at UBS
$9.00
(was $17.98)
UBS
Macy's price target raised to $27 from $26 at Jefferies
$27.00
(was $24.00)
Jefferies
Macy's price target raised to $22 from $16.50 at Goldman Sachs
$22.00
(was $22.96)
Goldman Sachs
Macy's price target raised to $21 from $14 at Evercore ISI
$21.00
(was $22.89)
Michael Binetti
·
Evercore ISI
Macy's (M) PT Raised to $21 at TD Cowen
$21.00
(was $21.68)
UBS
Macy's price target raised to $26 from $18.50 at Jefferies
$26.00
(was $22.00)
Jefferies
Macy's (M) PT Raised to $22 at Telsey
$22.00
(was $22.43)
Dana Telsey
·
Telsey Advisory
Macy's price target raised to $16 from $12 at Morgan Stanley
$16.00
(was $17.48)
Morgan Stanley
Macy's price target raised to $18.50 from $14.50 at Jefferies
$18.50
(was $16.28)
Jefferies
Macy's price target lowered to $12 from $14 at Morgan Stanley
$12.00
(was $11.50)
Alex Straton
·
Morgan Stanley
Macy's downgraded to Neutral from Buy at Goldman Sachs
$12.00
(was $10.83)
Goldman Sachs
Macy's price target lowered to $14 from $15 at Morgan Stanley
$14.00
(was $14.06)
Morgan Stanley
Macy's price target lowered to $15 from $17 at Telsey Advisory
$15.00
(was $14.06)
Telsey Advisory
Macy's price target lowered to $8 from $9 at UBS
$8.00
(was $14.06)
UBS
Gordon Haskett downgrades Macy's amid macro uncertainty
$13.00
(was $13.22)
New Street