Macy's, Inc.
For the period ended May 3, 2025. Filed Jun 5, 2025.
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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.
May 3, 2025 · Filed Jun 5, 2025
M$25.08+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(millions, except per share figures)
| 13 Weeks Ended | ||
|---|---|---|
| May 3, 2025 | May 4, 2024 | |
| Net sales | $4,599 | $4,846 |
| Other revenue | 194 | 154 |
| Total revenue | 4,793 | 5,000 |
| Cost of sales | (2,795) | (2,946) |
| Selling, general and administrative expenses | (1,913) | (1,911) |
| Gains on sale of real estate | 16 | 1 |
| Impairment, restructuring and other costs | (7) | (19) |
| Operating income | 94 | 125 |
| Benefit plan income, net | 4 | 4 |
| Interest expense, net | (27) | (31) |
| Loss on extinguishment of debt | (3) | — |
| Income before income taxes | 68 | 98 |
| Federal, state and local income tax expense | (30) | (36) |
| Net income | $38 | $62 |
| Basic earnings per share | $0.14 | $0.22 |
| Diluted earnings per share | $0.13 | $0.22 |
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