Macy's, Inc. 8-K
Research Summary
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Macy's, Inc. Reports Q1 2026 Results
What Happened
Macy's, Inc. announced its financial condition, results of operations and cash flows for the 13 weeks ended May 2, 2026 in a press release dated June 3, 2026 (attached as Exhibit 99.1 to the Form 8‑K). The company reports results under U.S. GAAP and also provided non‑GAAP measures to supplement its GAAP results.
Key Details
- Filed Form 8‑K on June 3, 2026 reporting quarterly results for the 13 weeks ended May 2, 2026.
- Press release includes non‑GAAP metrics: EBITDA, adjusted EBITDA, adjusted net income, and adjusted diluted earnings per share.
- Adjusted measures exclude specific items: loss on extinguishment of debt; benefit plan income, net; impairment; restructuring and other (benefits) costs; and gains on sale of real estate.
- The press release contains a reconciliation of the non‑GAAP measures to the most directly comparable GAAP measures (details included at the end of the release).
Why It Matters
Investors should note Macy’s provided both GAAP results and adjusted (non‑GAAP) measures, which can help explain underlying operating performance after certain one‑time or non‑operational items. The reconciliation included in the release is important for comparing Macy’s reported earnings and cash‑flow trends with prior periods and with other retailers. The Form 8‑K itself does not include the full financial statements beyond the press release attachment.
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