NYSE$M

Macy's Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

M Q3 2024 — $118.0M revenue, 0.10 EPS

Such estimates and assumptions are subject to inherent uncertainties which may result in actual amounts differing from reported amounts. Macy's Inc reported Q3 2024 results. Diluted EPS came in at $0.10. Net income of $1K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $118.0M.
  • Diluted EPS: $0.10.
  • Adjusted EPS: $0.04.
  • Net income: $1K.
  • Operating income: $64.

Headline financials

Total Revenue

$4.9B

Previous: $5.04B-2.7%
EPS

$0.10

Previous: $0.21-52.4%
Capital Expenditures

-$399M

Previous: -$485M+17.7%
Free Cash Flow

-$371M

Previous: -$442M+16.1%
Net Income

$28M

Previous: $43M-34.9%
Operating Income

$64M

Previous: $86M-25.6%
Gross Profit

$2.04B

Previous: $2.14B-4.5%
Cash & Equivalents

$315M

Previous: $364M-13.5%
Total Assets

$17.3B

Previous: $18.1B-4.5%
Stock-Based Comp

$15M

Previous: $14M+7.1%

Revenue & EPS history

Macy's · Revenue · Quarterly

$4.9B

Q3 2024-2.7%vs Q3 2023
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Macy's · $210M total across 2 segments · Q1 2026

  • Credit card revenues, net
    $172M+11.7%
  • Macy's Media Network revenue, net
    $38M-5.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+1.4%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+0.1%

Avg return

30 days after

59%

41 / 69 earnings

Positive

+23.9%

Q2 2021

Best reaction

-19.5%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%+2.7%
Q4 2025+4.5%+6.6%+15.5%
Q3 2025-1.1%-2.6%+0.2%
Q2 2025+20.8%+26.7%+35.0%
Q1 2025+1.2%+1.0%+0.2%
Q4 2024-0.7%+3.0%-14.5%
Q3 2024-2.5%+0.0%-5.3%
Q2 2024-14.5%-11.2%-13.8%
Q1 2024+5.3%+5.7%-4.0%
Q4 2023-4.6%-6.7%+3.6%
Q3 2023+14.5%+18.6%+56.3%
Q2 2023-14.5%-18.0%-26.4%
Q1 2023+13.5%+17.0%+18.1%
Q4 2022+10.9%+3.4%-14.4%
Q3 2022+12.8%+19.8%+3.5%
Q2 2022-0.3%-0.7%-15.2%
Q1 2022+22.0%+23.1%+9.1%
Q4 2021-10.0%+2.6%+2.5%
Q3 2021+12.5%+9.0%-20.4%
Q2 2021+23.9%+29.9%+21.4%
Q1 2021-2.0%-5.0%-5.4%
Q4 2020+0.1%-0.5%+7.5%
Q3 2020+0.7%+20.8%+16.0%
Q2 2020+8.6%+9.1%-14.3%
Q1 2020-1.2%-3.9%-11.9%
Q4 2019-12.0%-14.4%-61.6%
Q3 2019+2.7%+2.3%+7.9%
Q2 2019-16.5%-16.7%-11.5%
Q1 2019-1.4%-1.0%-1.1%
Q4 2018+3.9%+0.5%-0.7%
Q3 2018-9.8%-7.6%-14.5%
Q2 2018-14.4%-8.6%-13.3%
Q1 2018+13.1%+15.6%+27.9%
Q4 2017+7.1%+10.8%+8.3%
Q3 2017+13.7%+12.1%+46.8%
Q2 2017-10.5%-11.9%-7.4%
Q1 2017-19.5%-22.2%-22.6%
Q4 2016+0.2%+2.7%-12.5%
Q3 2016+7.8%+7.8%+10.6%
Q2 2016+17.1%+19.7%+4.4%
Q1 2016-15.6%
Q4 2015+4.4%
Q3 2015-13.2%
Q2 2015-6.7%
Q1 2015-3.2%
Q4 2014-0.9%
Q3 2014+5.1%
Q2 2014-3.2%
Q1 2014-1.3%
Q4 2013+9.2%
Q3 2013+9.4%
Q2 2013-4.5%
Q1 2013+1.0%
Q4 2012+5.3%
Q2 2012+3.0%
Q3 2012+1.3%
Q1 2012+0.9%
Q4 2011+2.6%
Q3 2011+2.1%
Q2 2011-2.2%
Q1 2011-2.1%
Q1 2010-2.1%
Q4 2010+1.0%
Q4 2008+1.0%
Q3 2010+2.6%
Q3 2009+2.6%
Q2 2010+5.3%
Q2 2009+5.3%
Q4 2009+5.3%

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