By Canadian Jeweller News Team –
Macy’s, Inc. (NYSE: M) will announce its first quarter 2025 sales and earnings results on Wednesday, May 28. The company’s leadership team—Chairman and Chief Executive Officer Tony Spring and Chief Operating Officer and Chief Financial Officer Adrian Mitchell—will host a conference call and live webcast beginning at 8:00 a.m. ET on the same day Nasdaq. Both the presentation deck and the audio stream will be accessible to the public, media and investors via the Macy’s investor relations site at www.macysinc.com.
The quarterly update will cover performance across Macy’s three iconic nameplates—Macy’s, Bloomingdale’s and Bluemercury—as the retailer continues to weave its comprehensive digital and brick-and-mortar strategy Nasdaq. Analysts and institutional investors participating in the call may dial 1-877-407-0832; a replay will be available approximately two hours after the call’s conclusion at 1-877-660-6853 (passcode 13753217) and via the company’s website Nasdaq.
Heading into the report, Wall Street consensus anticipates first quarter earnings per share of roughly US $0.14 on net sales of about US $4.38 billion MarketBeat. These estimates reflect a modest year-over-year contraction in top-line revenue but an overall flattening of profit margins, as Macy’s works to balance promotional activity against margin-enhancing inventory controls.
Retailers broadly are navigating a more cautious consumer environment, with lingering concerns over trade tariffs and inflation. In its fourth quarter 2024 update, Macy’s revised its full-year 2025 guidance to reflect “external uncertainties” such as new import levies and mixed consumer demand, projecting US $2.05–2.25 in adjusted EPS and US $21.0–21.4 billion in net sales for the year Reuters. Investors will be keen to see whether Q1 results prompt further guidance adjustments.
For additional context, in the first quarter of 2024 Macy’s reported diluted EPS of US $0.22 (adjusted EPS of US $0.27) on net sales of US $4.8 billion, representing a 2.7% decline versus the prior year. Comparable sales were down 1.2% on an owned basis and down 0.3% on an owned-plus-licensed basis, driven by early investments in product assortment and store experience Macy’s, Inc..
Market participants and jewellery industry observers alike can follow the May 28 webcast and presentation for insights into Macy’s performance in apparel, home and beauty—segments that intersect with the broader jewellery and gift markets.
