The Macerich Company Q2 2025 Earnings Recap

MAC Q2 2025 August 12, 2025

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Macerich's second quarter 2025 results highlight strong progress on its Path Forward plan, driven by robust leasing momentum and a strategic acquisition of Crabtree Mall, positioning the company for future growth.

Earnings Per Share Miss

$0.32 vs $0.34 est.

-5.9% surprise

Revenue Beat

249793000 vs 245740930 est.

+1.6% surprise

Market Reaction

1-Day -2.69%

5-Day -2.74%

30-Day +4.92%

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Key Takeaways

Signed 4.3 million square feet of leases year-to-date, exceeding the 2025 goal of 4 million.
Acquired Crabtree Mall for $290 million, enhancing the portfolio and offering significant growth potential in a high-demand market.
Occupancy declined slightly to 92% largely due to Forever 21 store closures; traffic improved by 2.1% in the go-forward portfolio.
Strong leasing momentum positions the company to meet or exceed 2028 targets for net operating income and overall performance.
Continued emphasis on reducing leverage while driving operational excellence through technology and strategic leasing initiatives.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit MAC on AllInvestView.

Next Q3 2025