Macy’s exceeded second-quarter earnings expectations thanks to revamped stores, raising full-year guidance. CEO Tony Spring cited the company’s strong position to navigate the current environment. Second-quarter results include 41 cents adjusted earnings per share versus 18 cents expected and $4.81 billion in revenue versus $4.76 billion expected. Net sales dropped to $4.81 billion from $4.94 billion.

Read more at CNBC: Macy’s (M) Q2 Earnings 2025