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Company

MACY'S INC

Ticker
M
Sector
Consumer Cyclical
Industry
Department Stores
Report date
September 10, 2026
Valye AI Score

81

Very high visibility
Recent developments
Recent developments summary

Recent news primarily covers Macy's Q2 2026 earnings results, financial performance metrics, and related conference calls, reflecting active market interest and company disclosures.

Recent developments:
  • Macy's reported Q2 2026 revenue of approximately $5.06 billion and net income of $169 million, with basic EPS of $0.64 and diluted EPS of $0.62 as per the 10-Q filing dated 2026-09-10 [S2].
  • The company held $1.29 billion in cash and cash equivalents and had a current ratio of 1.59 as of August 1, 2026, indicating liquidity above current liabilities [S2].
  • Recent news articles discuss Macy's Q2 earnings and revenues, highlighting advances in the bottom line and detailed analysis of key metrics [N3][N4].
  • Macy's held a Q2 2026 earnings conference call on September 10, 2026, providing further insights into business performance and outlook [N5].
  • Market commentary includes discussions on income investor considerations following the Q2 earnings release and pre-market activity reports [N1][N6].
  • Analyses and portfolio strategy articles mention Macy's among top retail stocks with notable earnings performance [N7].
Overview

Macy's Inc is a department store operator within the Consumer Cyclical sector. The company reported Q2 2026 revenue of approximately $5.06 billion and net income of $169 million, with basic and diluted EPS of $0.64 and $0.62 respectively. As of August 1, 2026, Macy's held $1.29 billion in cash and cash equivalents and maintained a current ratio of 1.59, indicating liquidity above current liabilities. The company has a well-established board of directors and executive leadership disclosed in its 2026 10-K filing. Recent news coverage focuses on Q2 earnings results and business performance metrics.

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.

Scenarios for M

Bull case model:

Macy's has demonstrated operational resilience with positive net income and earnings per share in Q2 2026. The company's liquidity position, with a current ratio of 1.59, supports its ability to manage short-term obligations. Recent earnings conference calls and news coverage highlight ongoing efforts to drive comparable sales growth and improve profitability.

Bear case model:

The department store industry faces structural challenges including shifts to online shopping and evolving consumer behavior. Macy's current cash ratio of 0.32 suggests limited cash relative to current liabilities, which could constrain flexibility. Market sentiment and guidance uncertainties noted in recent news may reflect risks related to economic conditions and competitive pressures.

Moat:

Macy's operates in the department store industry, which is characterized by significant competition from both brick-and-mortar and online retailers. The company leverages its established brand presence, extensive store network, and customer loyalty programs. However, the retail sector faces ongoing challenges from changing consumer preferences and e-commerce growth, which may impact Macy's competitive positioning.

Risks overview
Risks summary
The primary risks for Macy's include competitive pressures from e-commerce and changing consumer behavior, alongside liquidity constraints and sensitivity to economic conditions.
Risks details:

• Industry Competition and Consumer Trends: Macy's operates in a highly competitive retail environment with increasing pressure from e-commerce and changing consumer preferences that could impact sales and margins.
• Liquidity and Financial Flexibility: While the current ratio is above 1, the cash ratio is relatively low at 0.32, which may limit the company's ability to respond quickly to financial stress or investment opportunities.
• Market and Economic Conditions: Economic fluctuations, including consumer spending patterns and inflationary pressures, may affect Macy's revenue and profitability.

FINAL FORECAST FOR M

Final take one line
Macy's Inc exhibits very high visibility with detailed recent financial disclosures and active market coverage highlighting its Q2 2026 performance and liquidity position.
Final take 12 to 24 month view

Business trends: Continued focus on comparable sales growth and profitability amid evolving retail landscape; Execution milestones: Delivery of quarterly earnings reports and investor communications; Key risks: Competitive pressures from e-commerce, liquidity constraints, and economic sensitivity.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

81
LLM visibility overview
LLM Visibility known facts
  • Macy's Inc operates in the Consumer Cyclical sector within the Department Stores industry.
  • The latest SEC filing is a 10-Q dated 2026-09-10 covering the period ending 2026-08-01.
  • For Q2 2026, Macy's reported revenue of $5.059 billion and net income of $169 million.
  • Basic earnings per share for Q2 2026 were $0.64 and diluted EPS was $0.62.
  • As of 2026-08-01, Macy's had cash and cash equivalents of $1.294 billion and current assets of $6.389 billion.
  • Current liabilities as of the same date were $4.019 billion, resulting in a current ratio of 1.59 and a cash ratio of 0.32.
  • Recent news from primary sources covers Q2 2026 earnings results, conference calls, and analysis of key metrics and business performance.
  • The company has a board of directors with named members and executive officers disclosed in the 10-K filing dated 2026-03-27.
  • Financial figures are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.
Sources
Sources - Context summary

Generated 2026-09-10

Sources - Earning calls
  • N5
Sources - Other context
  • S1
Sources - SEC Filings
  • S1 | 2026-03-27 | 10-K
  • S2 | 2026-09-10 | 10-Q
Sources - News headlines
  • N1 | 2026-09-10 | www.nasdaq.com | Should Income Investors Buy the Dip in Macy's (M) Stock After Q2 Earnings? | https://www.nasdaq.com/articles/should-income-investors-buy-dip-macys-m-stock-after-q2-earnings
  • N2 | 2026-09-10 | www.nasdaq.com | Macy's (M) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates | https://www.nasdaq.com/articles/macys-m-q2-earnings-taking-look-key-metrics-versus-estimates
  • N3 | 2026-09-10 | www.nasdaq.com | Macy's (M) Q2 Earnings and Revenues Beat Estimates | https://www.nasdaq.com/articles/macys-m-q2-earnings-and-revenues-beat-estimates
  • N4 | 2026-09-10 | www.nasdaq.com | Macy's Inc. Bottom Line Advances In Q2 | https://www.nasdaq.com/articles/macys-inc-bottom-line-advances-q2
  • N5 | 2026-09-10 | www.nasdaq.com | Macy's Q2 26 Earnings Conference Call At 8:00 AM ET | https://www.nasdaq.com/articles/macys-q2-26-earnings-conference-call-8-00-am-et
  • N6 | 2026-09-09 | www.nasdaq.com | Pre-Market Earnings Report for September 10, 2026 : M, MCFT, SHOE, LOVE, DBI, FLWS, VNCE | https://www.nasdaq.com/articles/pre-market-earnings-report-september-10-2026-m-mcft-shoe-love-dbi-flws-vnce
  • N7 | 2026-09-07 | www.nasdaq.com | How to Boost Your Portfolio with Top Retail and Wholesale Stocks Set to Beat Earnings | https://www.nasdaq.com/articles/how-boost-your-portfolio-top-retail-and-wholesale-stocks-set-beat-earnings-3
  • N8 | 2026-09-07 | www.nasdaq.com | Berkshire Hathaway's Cash Fell From $397 Billion to $366 Billion in a Single Quarter | https://www.nasdaq.com/articles/berkshire-hathaways-cash-fell-397-billion-366-billion-single-quarter
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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