Macy's Q2 profit jumps 94% to $169.0M on tariff refunds and 2.7% comp sales growth

Filed September 10, 2026 · Period ending August 1, 2026 · Compared to 10-Q/A Sep 12, 2025 · ~1 min read

Key Changes

• high

  Net income rose 94.3% to $169.0M, or per diluted share, driven by tariff refunds and higher gross margin.

  MD&A: Results verify on EDGAR →
• high

  Comparable sales increased 2.7% across all nameplates, marking the fifth consecutive quarter of growth for Reimagine locations.

  MD&A: Comparable Sales verify on EDGAR →
• high

  Operating income climbed, with gross margin expanding 180 basis points to 41.5%.

  MD&A: Operating Income verify on EDGAR →