Macy's Inc (M) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Tony Spring, our chairman and CEO, and Tom Edwards, our COO and CFO. Along with our third quarter 2025 press release, a Form 8K has been filed with the Securities and Exchange Commission, and a presentation has been posted on the investor section of our website, macysinc.com, and is being displayed live during today's webcast. Unless otherwise noted, the comparisons we provide will be versus 2024. All references to our prior expectations, outlook, or guidance refer to information provided on our September 3rd earnings call. On today's call, we will refer to certain non-GAAP financial measures. Reconciliations of these measures can be found in our earnings presentation and SEC filings available at www.macy'sinc.com, investors. All references to comp sales throughout today's prepared remarks represent comparable owned plus license plus marketplace sales and the owned plus license sales for our store locations, unless otherwise noted. Go Forward Macy's Inc. comp sales include the approximately 350 Macy's Go Forward locations in digital and Bloomingdale's and Blue Mercury nameplates inclusive of stores in digital. Go Forward Macy's comp sales include the approximately 350 Macy's Go Forward locations and Macy's digital. All forward-looking statements are subject to the safe harbor provisions of the Private Security Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions mentioned today. Detailed discussion of these factors and uncertainties is contained in our filings with the SEC. Today's call is being webcast on our website. A replay will be available approximately two hours after the conclusion of this call. With that, I'll turn it o...