Macy's Shares Experience a 20.7% Surge in Value Today

Macy's Shares Surge as Q2 Earnings Exceed Expectations

In a significant development, Macy's (NYSE: M) shares saw a notable increase of 20.68% on Wednesday, closing at $16.28. This uptick in the retail giant's stock price followed the announcement of Q2 earnings that surpassed Wall Street's expectations.

The company reported adjusted earnings per share (EPS) of $0.41 on sales of $4.81 billion. In response to these impressive figures, Macy's also revised its revenue guidance, setting the new range between $21.15 billion and $21.45 billion. Moreover, the company raised its full-year outlook, expecting adjusted earnings to fall between $1.70 and $2.05 per share.

Despite these positive developments, the Motley Fool Stock Advisor analyst team did not include Macy's in their latest list of the 10 best stocks to buy now. However, their previous recommendations of Netflix and Nvidia have yielded significant returns. Investing $1,000 at the time of their recommendations would have resulted in $654,759 for Netflix and $1,046,799 for Nvidia as of August 25, 2025.

It's worth noting that Macy's current gross margin stands at 40.40%, while its market capitalization is $4 billion. The company also offers a dividend yield of 4.37%.

Interestingly, despite the recent surge in Macy's stock price, no institution has explicitly advised against buying Macy's stock. JPMorgan and Kepler Cheuvreux have lowered their price targets but maintained ratings of "Overweight" and "Hold" respectively, while Citigroup maintains a "Neutral" rating but does not recommend selling the stock.

Macy's daily trading volume was 48,533,558 shares, significantly higher than its average daily trading volume of 7,870,943 shares. This increased trading activity suggests a heightened interest in the company's stock following the Q2 earnings report.

Overall, Macy's latest financial results have provided a positive outlook for the company, with the stock experiencing a notable increase in value. However, investors should consider the Motley Fool Stock Advisor's investment strategy and the advice of financial institutions before making any investment decisions.