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Macy’s Stock Surges 17.5% Amid Q2 Sales Rebound and Strategic Store Closures
Macy’s Stock Surges 17.5% Amid Q2 Sales Rebound and Strategic Store Closures
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Macy’s Inc. (NYSE: M) shares soared 17.5% to $15.85 following its Q2 2025 earnings report, marking the retailer’s first positive same-store sales growth since early 2022. Despite a 1.9% revenue decline to $4.999 billion, comparable sales ROSE 1.9%—the strongest performance in 12 quarters. Net income fell to $87 million ($0.31/share) from $150 million year-over-year, while adjusted EPS reached $0.41.
CEO Tony Spring highlighted momentum from the Reimagine 125 initiative and strength in Bloomingdale’s/Bluemercury as drivers. The company confirmed plans to shutter 66 stores in 2025 and 150 by 2027, sharpening focus on profitable locations. The results suggest early success in Spring’s turnaround strategy, though macroeconomic pressures linger.
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