Macys Inc
For the period ended Nov 2, 2024. Filed Dec 12, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 2, 2024 · Filed Dec 12, 2024
M$25.08+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
(millions, except per share figures)
| 13 Weeks Ended | 39 Weeks Ended | |||
|---|---|---|---|---|
| November 2, 2024 | October 28, 2023 | November 2, 2024 | October 28, 2023 | |
| Net sales | $4,742 | $4,860 | $14,525 | $14,972 |
| Other revenue | 161 | 178 | 474 | 519 |
| Total revenue | 4,903 | 5,038 | 14,999 | 15,491 |
| Cost of sales | (2,864) | (2,905) | (8,749) | (9,070) |
| Selling, general and administrative expenses | (2,064) | (2,040) | (5,948) | (5,970) |
| Gains on sale of real estate | 66 | 5 | 103 | 20 |
| Impairment, restructuring and other benefits (costs) | 23 | (15) | 5 | (21) |
| Operating income | 64 | 83 | 410 | 450 |
| Benefit plan income, net | 4 | 2 | 12 | 10 |
| Settlement charges | — | (7) | — | (129) |
| Interest expense, net | (32) | (35) | (94) | (108) |
| Losses on early retirement of debt | (1) | — | (1) | — |
| Income before income taxes | 35 | 43 | 327 | 223 |
| Federal, state and local income tax expense | (7) | (2) | (87) | (50) |
| Net income | $28 | $41 | $240 | $173 |
| Basic earnings per share | $0.10 | $0.15 | $0.86 | $0.63 |
| Diluted earnings per share | $0.10 | $0.15 | $0.85 | $0.62 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.