梅西百货 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended May 2, 2026.ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from to Macy's, Inc.(Exact name of registrant as specified in its charter)________________________________ 13-3324058 Delaware (I.R.S. Employer Identification No.) 151 West 34th Street, New York, New York 10001(Address of Principal Executive Offices, including Zip Code)(212) 494-1621(Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject tosuch filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and"emerging growth company" in Rule 12b-2 of the Exchange Act. Large Accelerated FilerAccelerated FilerNon-Accelerated FilerSmaller Reporting CompanyEmerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. TABLE OF CONTENTS Page PART I – FINANCIAL INFORMATIONItem 1.Financial Statements (unaudited)3Consolidated Statements of Income3Consolidated Statements of Comprehensive Income4Consolidated Balance Sheets5Consolidated Statements of Changes in Shareholders' Equity6Consolidated Statements of Cash Flows8Notes to Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations16Item 3.Quantitative and Qualitative Disclosures About Market Risk23Item 4.Controls and Procedures24PART II – OTHER INFORMATIONItem 1.Legal Proceedings25Item 1A.Risk Factors25Item 2.Unregistered Sales of Equity Securities and Use of Proceeds25Item 5.Other Information25Item 6.Exhibits27SIGNATURES28 PART I - FINANCIAL INFORMATION MACY’S, INC.CONSOLIDATED STATEMENTS OF INCOME(Unaudited)(millions, except per share figures) MACY’S, INC. (millions) MACY’S, INC. CONSOLIDATED BALANCE SHEETS(Unaudited)(millions) MACY’S, INC. MACY’S, INC. MACY’S, INC. MACY’S, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1.Organization and Summary of Significant Accounting Policies Nature of Operations Macy's, Inc., together with its subsidiaries (the "Company"), is an omni-channel retail organization operating stores, websites andmobile applications under three nameplates (Macy's, Bloomingdale's and Bluemercury) that sell a wide range of merchandise, includingapparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company hasstores in 43 states, the District of Columbia, Puerto Rico and Guam. As of May2, 2026, the Company's operations and operatingsegments were conducted through Macy's, Macy's Backstage, Macy's small format, Bloomingdale's, Bloomingdale's The Outlet,Bloomie's and Bluemercury, which are aggregated into one reporting segment. The metrics used by management to assess theperformance of the Company's operating divisions include sales trends, gross margin rates, expense rates and rates of earnings beforeinterest and taxes ("EBIT") and EBITDA. The Company's operating divisions have historically had similar economic characteristics andare expected to have similar economic characteristics and long-term financial performance in future periods. Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia, acompany of Al Tayer Group, LLC. A description of the Company's significant accounting policies is included in the Company's Annual Report on Form 10-K for the fiscalyear ended January31, 2026 (the "2025 10-K"). The accompanying Consolidated Financial Statements should be read in conjunctionwith the Consolidated Financial Statements and notes thereto in the 2025 10-K. Use of Estimates The preparation of financial s