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梅西百货Macy‘s, Inc.(M)2025财年第三季度财报(10-Q)「NYSE」(英文版)(39页).pdf

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1、Table of ContentsUNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON,D.C.20549_FORM 10-Q_xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended November 1,2025.ORoTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES E

2、XCHANGE ACT OF 1934For the transition period from toCommission file number:1-13536_Macys,Inc.(Exact name of registrant as specified in its charter)_Delaware13-3324058(State or other jurisdiction of incorporation or organization)(I.R.S.Employer Identification No.)151 West 34th Street,New York,New Yor

3、k 10001(Address of Principal Executive Offices,including Zip Code)(212)494-1621(Registrants telephone number,including area code)Securities registered pursuant to Section 12(b)of the Act:Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock,$.01 par value per shar

4、eMNew York Stock ExchangeIndicate 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 Act of 1934 during thepreceding 12 months(or for such shorter period that the registrant was required to file such reports),and(2)has b

5、een subject to such filing requirements for the past 90 days.Yesx No oIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(232.405 of this chapter)during the preceding 12 months(or for s

6、uch shorter period that the registrant was required to submit such files).Yes x No oIndicate by check mark whether the registrant is a large accelerated filer,an accelerated filer,a non-accelerated filer,a smaller reporting company,or an emerging growthcompany.See the definitions of“large accelerate

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1. **财务表现**:2025财年前39周净销售额141.25亿美元(同比降2.8%),净利润1.35亿美元(同比降43.8%);第三季度净销售额47.13亿美元,净利润1100万美元。 2. **战略进展**:执行"A Bold New Chapter"战略,重置125家Macy's门店(可比销售额增2.3%),Bloomingdale's可比销售额增9.0%,Bluemercury增1.1%。 3. **债务与流动性**:2025年7月发行5亿美元7.375%票据,提前赎债587百万美元;ABL信贷额度延长至2030年(21亿美元)。 4. **运营优化**:新开中国 Grove物流中心(自动化/AI);关闭64家低效门店,节省成本。 5. **股东回报**:回购1540万股股票(耗资2.01亿美元),剩余回购授权12亿美元。
梅西利润下滑? 梅西战略成效? 梅西现金流危机?
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