Macy's Q2 Earnings Beat Estimates, Comps Rise Y/Y, FY25 View Up

Key Takeaways Macy's Q2 earnings and sales beat estimates despite y/y declines.Comps grew 1.9% on an owned-plus-licensed-plus-marketplace basis, the strongest in 12 quarters.The FY25 net sales outlook has been lifted to $21.15B-$21.45B, with higher EPS guidance.Macy’s, Inc. (M) has reported second-quarter fiscal 2025 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. However, both metrics decreased from the year-ago quarter. Comparable sales (comps) increased on an owned and o ...