Key Highlights

• Macy's $0.1915 quarterly Dividend trades ex-date and Record Date September 15, 2026, payable October 1, yielding approximately 3.47%.

• Second-quarter net sales rose to $4.866 billion, with comparable sales up 2.7%, a fifth consecutive quarter of comparable-sales growth.

• Reported Net Income was $169 million, or $0.62 diluted EPS; adjusted EPS was $0.63, including a $0.23 per-share tariff-refund benefit.

• Bloomingdale's comparable sales grew 11.3% and Bluemercury grew 6.2%, while the Macy's nameplate posted 1.1% comparable growth.

Macy's (NYSE:M) $0.1915 quarterly dividend trades ex-date and record date September 15, payable October 1. Comparable sales rose 2.7%, the fifth straight quarter of growth, with Bloomingdale's up 11.3% and Bluemercury up 6.2% against 1.1% growth at the namesake Macy's brand, while adjusted EPS of $0.63 included a $0.23 tariff-refund benefit.

Dividend Program and Shareholder Returns

Macy's declared a $0.1915 per share quarterly dividend, payable October 1 to shareholders of record and ex-dividend date September 15. The annualized dividend is $0.766 per share. Macy's paid approximately $101 million of dividends during the first half of fiscal 2026, with the dividend having increased for four consecutive years.

About the Company

Macy's is a U.S. omnichannel retailer operating the Macy's, Bloomingdale's and Bluemercury nameplates, spanning apparel, cosmetics, jewelry and home merchandise across physical stores and digital channels.

Financial Performance Behind the Payout

Macy's reported second-quarter net sales of $4.866 billion, up 1.1% year over year. GAAP Operating Income increased to $244 million from $149 million, while net income rose to $169 million, or $0.62 diluted EPS, compared with $87 million and $0.31 a year earlier. Adjusted diluted EPS was $0.63, including a $0.23 per-share benefit from Tariff refunds; excluding the refund, adjusted EPS was $0.40, up from the prior year. Comparable sales increased 2.7%. Gross Margin improved to 41.5% from 39.7%. Management raised full-year sales guidance to approximately $21.68-$21.83 billion and adjusted EPS to $2.15-$2.35.

Outlook

Whether comparable-sales momentum continues into the second half without the tariff-refund tailwind, further progress at the namesake Macy's Brand specifically, and execution on pricing and Marketing investments are the items management flagged for tracking ahead.