M Q2 2024 Earnings — Macy's, Inc. Revenue & Financial Results | Market Cap Arena

MMacy's, Inc.

$5B

Q2 2024 Earnings

Consumer Cyclical Department Stores

Income Statement

Revenue

$5.1B-3.5% YoY

Gross Profit

$2.2B42.3% margin

Operating Income

$222M4.4% margin

Net Income

$150M2.9% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$195M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$15.8B

Total Liabilities

$11.5B

Stockholders' Equity

$4.3B

Cash & Equivalents

$646M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$5.3B	-3.5%
Gross Profit	$2.2B	$2.1B	+2.6%
Operating Income	$222M	$124M	+79.0%
Net Income	$150M	-$22M	+781.8%

Revenue Segments

Women's Accessories, Shoes, Cosmetics and Fragrances

$2.0B39%

Womens Apparel

$1.1B22%

Mens And Kids

$1.1B21%

Home Other

$771M15%

Credit Card Revenues, Net

$125M2%

Macy's Media Network Revenue, Net

$34M1%