Business Context and Reporting Period
Company: Macy's, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 3, 2025
Reporting Period: The filing announces financial results for the 13 and 39 weeks ended November 1, 2025.
Key Financial Metrics
The filing serves as a notification of results and incorporates the full press release by reference. Specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity are not provided in the text of this 8-K summary. The report confirms the use of both GAAP and non-GAAP measures, including:
- Comparable sales (owned-plus-licensed and owned-plus-licensed-plus-marketplace basis)
- Earnings before interest, taxes, depreciation, and amortization (EBITDA)
- Adjusted EBITDA, Core Adjusted EBITDA, Adjusted Net Income, and Adjusted Diluted EPS
Note: The filing text does not provide clear values for these metrics; they are contained in the attached Exhibit 99.1.
Material Changes and Adjustments
The filing details the composition of non-GAAP adjustments used to reconcile to GAAP measures:
- Adjusted EBITDA/Net Income: Excludes impairment, restructuring and other costs, and loss on extinguishment of debt.
- Core Adjusted EBITDA: Excludes the items above plus gains on sale of real estate.
No specific quantitative material changes versus prior periods are stated in this document.
Guidance, Outlook, and Risks
This 8-K filing does not contain specific forward-looking guidance, management commentary on future outlook, or a detailed discussion of risks and contingencies beyond the standard disclosure of non-GAAP measure exclusions. Investors are directed to the attached press release (Exhibit 99.1) for full details.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, earnings, and cash flow figures.
- Verify the reconciliation tables between GAAP and non-GAAP measures (specifically regarding impairment and debt extinguishment costs).
- Confirm the impact of real estate sales on Core Adjusted EBITDA.
- Check for any updated debt covenants or liquidity positions mentioned in the full press release.