Macy's, Inc. filed its Form 10-Q with the SEC for the quarterly period ended August 1, 2026, reporting second-quarter and first-half financial results including net income, revenue, and balance sheet data.

Key Highlights

  • Q2 Net Sales: Net sales for the 13 weeks ended August 1, 2026 were $4,866 million, compared with $4,812 million in the prior-year period.
  • Q2 Net Income: Net income for the 13-week period was $169 million, up from $87 million in the 13 weeks ended August 2, 2025.
  • Diluted EPS: Diluted earnings per share were $0.62 for the quarter, compared with $0.31 in the year-ago quarter.
  • First-Half Net Income: For the 26 weeks ended August 1, 2026, net income totaled $232 million, versus $124 million for the same period a year earlier.
  • Cash and Equivalents: Cash and cash equivalents stood at $1,294 million as of August 1, 2026, compared with $1,246 million at January 31, 2026 and $829 million at August 2, 2025.
  • Shareholders' Equity: Total shareholders' equity was $4,928 million at August 1, 2026, up from $4,860 million at January 31, 2026.
  • Shares Outstanding: Common shares outstanding as of August 29, 2026 were 261,176,646.

Macy's Second-Quarter and First-Half 2026 Financial Results

According to the filing, Macy's reported total revenue of $5,059 million for the 13 weeks ended August 1, 2026, consisting of net sales of $4,866 million and other revenue of $193 million. This compares with total revenue of $4,999 million in the corresponding prior-year period. Operating income for the quarter was $244 million, up from $149 million in the 13 weeks ended August 2, 2025. The company disclosed cost of sales of $2,848 million and selling, general and administrative expenses of $1,960 million for the quarter.

For the 26 weeks ended August 1, 2026, the filing reported net sales of $9,548 million and total revenue of $9,951 million, compared with net sales of $9,411 million and total revenue of $9,791 million for the same period a year earlier. Operating income for the first half was $356 million, versus $242 million in the prior-year first half. Net cash provided by operating activities for the 26-week period was $586 million, compared with $255 million in the year-ago period, according to the filing.

The consolidated balance sheet as of August 1, 2026 showed total assets of $15,726 million and total liabilities and shareholders' equity of $15,726 million. Merchandise inventories were $4,449 million at quarter end, compared with $4,412 million at January 31, 2026. Long-term debt was reported at $2,433 million. The filing disclosed common stock dividends of $0.1915 per share in each of the first two quarters of fiscal 2026. Stock repurchases totaled $51 million in the first quarter and $50 million in the second quarter, according to the statements of changes in shareholders' equity. Macy's is listed on the New York Stock Exchange under the ticker NYSE:M and is classified as a large accelerated filer.

What Was Disclosed

Macy's filed its 10-Q for the period ended August 1, 2026, disclosing quarterly and first-half income statements, a balance sheet, cash flow data, and changes in shareholders' equity, with 261,176,646 common shares outstanding as of August 29, 2026.