Macy's Q2 earnings expected to beat guidance with $0.37 EPS and $4.81B sales forecast

Macy's will report its Q2 fiscal 2026 earnings on September 10, with analysts expecting adjusted EPS of $0.37 and net sales of $4.81 billion, both above company guidance. The retailer's turnaround strategy focuses on strengthening its core stores, growing luxury brands Bloomingdale's and Bluemercury, and monetizing supply-chain assets. Macy's has exceeded earnings expectations in recent quarters, and its current valuation metrics suggest it may be undervalued. Investors will watch the upcoming report and call for insights on the company's progress and outlook.