Macy's (M) Beats Q2 Earnings and Revenue Estimates

Group 1: Earnings Performance - Macy's reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, but down from $0.53 per share a year ago, representing an earnings surprise of +115.79% [1] - The company posted revenues of $4.81 billion for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 1.99%, although this is a decrease from year-ago revenues of $4.94 billion [2] Group 2: Stock Performance and Outlook - Macy's shares have declined approximately 20.3% since the beginning of the year, contrasting with the S&P 500's gain of 9.1% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.21 on revenues of $4.51 billion, and for the current fiscal year, it is $1.81 on revenues of $21.29 billion [7] Group 3: Industry Context - The Retail - Regional Department Stores industry is currently ranked in the top 14% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]