Revenue $4.87B, down 2.7% on a year earlier. Diluted EPS $0.62 against $0.31.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $4.87B | $4.89B | $5.00B | -2.7% |
| Operating income | $244.00M | $112.00M | $149.00M | +63.8% |
| Net income | $169.00M | $63.00M | $87.00M | +94.3% |
| Diluted EPS | $0.62 | $0.23 | $0.31 | |
| Operating cash flow | $294.00M | $292.00M | $319.00M | -7.8% |
| Capital expenditures | -$65.00M | -$88.00M | -$79.00M | |
| Free cash flow | $229.00M | $204.00M | $240.00M | -4.6% |
| Dividend per share | $0.19 | $0.19 | $0.18 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Net sales growth | 1.12% | -2.53% | |
| SG&A as percent of sales | 38.7% | 38.9% | |
| Macy's comparable sales growth (owned) | 1.1% | 0.4% | |
| Credit card revenues | $156.00M | $153.00M | +2.0% |
| Comparable sales growth | 2.8% | 0.8% | |
| Bluemercury comparable sales growth | 6.2% | 1.2% | |
| Locations comparable sales growth | 1.9% | 1.1% | |
| Comparable sales growth (owned) | 1.1% | 0.8% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Macy's (M) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/M/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
