Welcome to our dedicated page for Macy's SEC filings (Ticker: M), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Macy’s, Inc. filings document the public-company disclosures of a retail operator with the Macy’s, Bloomingdale’s and Bluemercury nameplates. Recent Form 8-K reports cover operating results, financial condition, cash flows, non-GAAP measures such as adjusted EBITDA and adjusted earnings, and updates to financial disclosure metrics tied to the company’s go-forward business and comparable-sales reporting.
The company’s proxy and other current reports also describe shareholder meeting matters, board composition, director elections, executive compensation, compensatory arrangements and governance changes. These filings frame Macy’s capital-market reporting around retail performance, disclosure controls, governance structure and shareholder voting processes.
Macy’s, Inc. reported fourth-quarter 2025 net sales of $7.6 billion, with comparable sales up 1.8% and GAAP diluted EPS of $1.84. Bloomingdale’s led growth with comparable sales up 9.9%, while Macy’s “Reimagine 125” locations grew 0.9%.
For fiscal 2025, net sales were $21.8 billion and comparable sales rose 1.5%. GAAP net income reached $642 million and GAAP diluted EPS was $2.32. The company generated $1.4 billion in operating cash flow and $797 million in free cash flow, ending the year with $1.2 billion in cash.
Macy’s returned $448 million to shareholders through dividends and share repurchases and had $1.1 billion remaining under its $2.0 billion repurchase authorization. For 2026, it guides net sales of $21.4–$21.65 billion, comparable sales change of (0.5%) to 0.5% and adjusted diluted EPS of $1.90–$2.10.
Macy's, Inc. executive Tracy M. Preston, EVP, CLO & Corporate Secretary, reported equity transactions tied to restricted stock unit vesting. On February 28, 2026, 18,061 restricted stock units were exercised into the same number of common shares at $0.00 per share. On March 2, 2026, 6,654 common shares were withheld by Macy's at $19.78 per share to cover tax obligations, a non-discretionary transaction. After these moves, Preston directly owned 16,130 common shares and held 18,062 restricted stock units.
Macy’s, Inc. announced that its Board of Directors has scheduled the company’s annual stockholders meeting for May 15, 2026. This is the meeting where shareholders can vote on key corporate matters and director elections as presented in the proxy materials.
The Board also set March 19, 2026 as the record date. Only stockholders of Macy’s who are recorded as owning shares at the close of business on that date will be entitled to receive notice of, and vote at, the May 15, 2026 annual meeting.
Macy’s, Inc. is updating its financial disclosure metrics to focus on its go-forward business, without changing any GAAP financial statements. New metrics emphasize comparable sales and dollar sales on an owned + licensed + marketplace (OLM) basis and add Macy’s, Inc. total revenue for the go-forward business.
The company is also revising non-GAAP definitions so Adjusted net income, Adjusted EBIT, Adjusted EBITDA and Adjusted EPS now exclude gains on sale of real estate and benefit plan income, in addition to prior exclusions. Recast data show Macy’s, Inc. go-forward comparable OLM sales changing from a 5.7% decline in fiscal 2023 to a 0.6% decline in 2024 and a 1.6% increase for Q3 2025 year-to-date. Go-forward total revenue change versus prior year improves from (5.7)% in fiscal 2023 to (3.2)% in 2024 and 1.5% growth for Q3 2025 year-to-date.
Macy's, Inc. director Douglas William Sesler reported an equity-based award in the form of phantom stock units. On 12/31/2025, he acquired 1,353 derivative securities, each representing a right to receive one share of Macy's common stock on a 1-for-1 basis. The units are to be settled in common stock when he leaves the Board of Directors. The filing notes that the reported average value of these stock units is $20.3283, based on the average value of the units granted each month during the quarter covered by this report. Following this transaction, he directly beneficially owned 1,353 phantom stock units linked to Macy's common stock.
Macy's, Inc. director Richard L. Markee reported an equity-related award in the form of derivative securities. On 12/31/2025, he received 1,353 phantom stock units, each convertible into one share of Macy's common stock on a 1-for-1 basis. The award is structured so that the units are to be settled in common stock when he leaves the Board of Directors. The reported value per unit, $20.3298, represents the average of the stock unit values granted each month during the quarter covered by this report. Following this transaction, the phantom stock units are held as a direct ownership position.
Macy's, Inc. director Richard Clark reported acquiring derivative equity awards in the form of phantom stock units tied to the company’s common stock. On 12/31/2025, he acquired 1,353 phantom stock units, which have a 1-for-1 conversion into Macy’s common shares upon his termination from the Board of Directors.
The units are to be settled in common stock when his board service ends, and the reported value of $20.3298 per unit represents the average of the value of the stock units granted each month during the quarter covered. Following this transaction, he beneficially owned 1,353 derivative securities on a direct basis.
Macy’s, Inc. reported that it has entered into a compensatory agreement with Adrian V. Mitchell, its former Chief Operating Officer and Chief Financial Officer. Under this agreement, Macy’s will make a $2.7 million cash payment to finalize his separation compensation arrangement with the company and its subsidiaries.
The agreement also includes a mutual release of claims between Macy’s and Mr. Mitchell, and it releases him from his remaining obligations under his non-competition agreement with the company. This filing focuses on resolving the financial and contractual aspects of his prior executive employment rather than announcing new operational initiatives.
Macy's, Inc. reported an insider stock sale by executive officer Danielle L. Kirgan, EVP and Chief HR Officer. On 12/11/2025, she sold 85,000 shares of Macy's common stock in an open market transaction coded "S" for sale. The weighted average sale price was $23.9176 per share, with individual trades executed between $23.80 and $24.00 per share.
Following this transaction, Danielle L. Kirgan directly beneficially owned 51,161 shares of Macy's common stock. The filing notes that full details of the number of shares sold at each separate price within the reported range are available upon request from Macy's, Inc. or the Securities and Exchange Commission staff.
Macy’s, Inc. reported softer results for the quarter and year-to-date periods ended November 1, 2025, as store closures and higher costs weighed on profit despite progress under its “Bold New Chapter” strategy. Third-quarter net sales were $4.713 billion, down slightly from $4.742 billion, but comparable sales improved, rising 2.5% on an owned basis and 3.2% on an owned-plus-licensed-plus-marketplace basis as reimagined Macy’s locations, Bloomingdale’s and Bluemercury outperformed. Other revenue, mainly credit card and media, grew to $200 million from $161 million, driven by stronger credit card portfolio profit sharing.
Third-quarter net income fell to $11 million from $28 million, with diluted EPS of $0.04. For the first 39 weeks of 2025, total revenue was $14.705 billion versus $14.999 billion a year ago, and net income declined to $135 million from $240 million, reflecting lower gross margin, reduced real estate gains and higher impairment and restructuring costs, partially offset by SG&A savings and lower interest expense. Macy’s ended the quarter with $447 million in cash, $2.432 billion of long-term debt and $4.328 billion of shareholders’ equity, and it maintained ample liquidity under its amended $2.1 billion asset-based credit facility while repurchasing 15.4 million shares year-to-date.