Key Takeaways
- Macy’s second quarter 2025 results exceeded expectations, reporting net sales of $4.8 billion.
- Comparable sales increased by 1.9%, driven by strong performance at Bloomingdale’s and Bluemercury.
- The company raised its full-year guidance and returned $100 million to shareholders, while also reducing long-term debt by $340 million.
Strong Q2 Performance
Macy’s, Inc. announced impressive second quarter 2025 results, surpassing guidance with net sales reaching $4.8 billion. This performance marks the strongest comparable sales growth in 12 quarters for the retailer, reflecting ongoing success at its Bluemercury and Bloomingdale’s stores, along with the Reimagine 125 store strategy.
The company’s comparable sales grew by 1.9% on an owned-plus-licensed-plus-marketplace basis. Bloomingdale’s led the way with a notable increase of 5.7%, while Bluemercury achieved its 18th consecutive quarter of growth, posting an increase of 1.2%. Additionally, the Reimagine 125 locations outperformed the general brand performance, with owned comparable sales rising by 1.1%.
The adjusted diluted earnings per share (EPS) stood at $0.41, exceeding forecasts. In light of these positive results, Macy’s raised its full-year guidance. Although total net sales saw a decline of 2.5% due to the closure of certain stores, the company’s focus on high-performing locations and premium retail formats, paired with enhancements to customer experience, is yielding positive outcomes. The beauty and luxury sectors, particularly through Bluemercury and Bloomingdale’s, remain robust despite a more selective consumer landscape.
Financially, Macy’s also made strides by decreasing inventory slightly and returning $100 million to shareholders via dividends and buybacks. Furthermore, the company reduced its long-term debt by $340 million, significantly enhancing its financial flexibility.
Overall, Macy’s strategic focus on embracing high-potential retail locations and improving customer experiences is evident in its quarterly performance, indicating a resilient approach to navigating challenges within the retail environment.
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