Macy's, Inc. Earnings Recaps
Q3 2025
Dec 3, 2025
Macy's, Inc. reported stronger-than-expected performance in Q3 2025, driven by notable sales growth across all brand segments, reflecting successful execution of its Bold New Chapter strategy.
Key takeaways
- Comparable sales grew 3.2%, with Go-Forward Macy's leading at 3.4% growth, marking a 13-quarter high for Macy's.
- Adjusted EPS stood at $0.09, significantly surpassing guidance expectations of a loss between $0.15 and $0.20.
- Bloomingdale's achieved its highest comp growth in 13 quarters, while Bluemercury continued to show consistent comparable sales growth.
- Customer satisfaction reached a record high, evidenced by Macy's strongest Net Promoter Score for Q3 and positive feedback highlighting employee engagement.
- Inventory levels aligned with expectations, positioning Macy's well for the upcoming holiday season with a diverse mix of new offerings.