Business Context and Reporting Period
Company: Macy's, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 28, 2025
Reporting Period: 13 weeks ended May 3, 2025
This filing announces the Company's financial condition, results of operations, and cash flows for the specified period. The full details are contained in a press release attached as Exhibit 99.1.
Key Financial Metrics
The filing text references the following metrics but does not provide specific numerical values within the 8-K body itself:
- Revenue: Not specified in filing text.
- Profit: Not specified in filing text.
- Cash Flow: Not specified in filing text.
- Margins: Not specified in filing text.
- Debt and Liquidity: Not specified in filing text.
The press release referenced in the filing includes non-GAAP measures such as EBITDA, adjusted EBITDA, adjusted net income, and adjusted diluted earnings per share. These non-GAAP measures exclude impairment, restructuring, other costs, and loss on extinguishment of debt.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. Investors must refer to the attached press release (Exhibit 99.1) for details on changes in comparable sales and financial performance.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates by reference a press release containing management's discussion of financial results and non-GAAP reconciliations.
Guidance and Outlook: No specific forward-looking guidance or outlook is detailed in the 8-K text.
Risks and Contingencies: No specific risks or contingencies are enumerated in the 8-K text, though the exclusion of impairment and restructuring costs from non-GAAP measures implies the presence of such items in the period.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, profit, and cash flow figures.
- Verify the reconciliation between GAAP and non-GAAP measures (EBITDA, adjusted net income) to understand the impact of excluded items like impairment and debt extinguishment.
- Confirm the specific value of comparable sales changes on an owned-plus-licensed-plus-marketplace basis.
- Check for any updated forward-looking guidance provided in the full press release.