Macy's(M) - 2025 Q2 - Quarterly Results

Exhibit 99.1 Macy's, Inc. Reports Second Quarter 2024 Results GAAP EPS and Adjusted Diluted EPS of $0.53, exceeded outlook Gross margin rate of 40.5%, better than outlook Macy's First 50 locations achieve second consecutive quarter of positive comparable sales NEW YORK—August 21, 2024— Macy's, Inc. (NYSE: M) today reported financial results for the second quarter of 2024 and updated its annual guidance. "During the second quarter, we delivered strong earnings performance in a challenging consumer environmen ...