Hey @Bloomingdales, is this how you treat customers? After years of spending money with you, I've apparently been BLACKLISTED from shopping online. No explanation. Some mysterious department making a "final" decision that nobody can explain. But don't worry - I'm still welcome to spend my money in your physical stores! How generous. 🙄 Absolutely appalling. #Bloomingdales# #bloomingdalesfail#

Investors thought their money was buying pre-IPO shares in OpenAI, SpaceX, and xAI. The SEC alleges it went to strip clubs, Bloomingdale's, and Amazon instead. Two new cases add to a growing list of charges tied to the pre-IPO investing boom, though none of the actual companies involved are accused of wrongdoing. Read more:

$M Earnings: - Macy’s, Inc. net sales of $4.9 billion increased 1.1% versus last year. - Macy’s, Inc. comparable sales1 rose 2.7%, with go-forward comparable sales up 2.8%. - Macy’s comparable sales rose 1.1%, with a 1.9% increase for Reimagine 200 stores. - GAAP diluted EPS was $0.62, up 100%; Adjusted diluted EPS was $0.63, up 14% versus last year excluding a $0.23 net tariff refund benefit. - Bluemercury comparable sales increased 6.2%. - Bloomingdale’s comparable sales increased 11.3% and achieved its highest second-quarter sales volume in the brand’s history. “Our second-quarter performance builds on the progress our colleagues have consistently delivered through our Bold New Chapter strategy,” said Tony Spring, chairman and chief executive officer of Macy’s, Inc. “The investments we're making are driving results across our portfolio, from the continued outperformance of our Reimagine 200 Macy’s stores, to meaningful double-digit growth at Bloomingdale’s and another solid quarter at Bluemercury. As we enter the second half of the year, we remain focused on scaling what is resonating most with customers – exciting brands and assortments and compelling events and experiences. Combined with disciplined execution, we expect these efforts to continue to build a durable foundation for sustainable, profitable growth.”

MACY'S $M Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $4.9B (Est. $4.83B) 🟢; +1.1% YoY 🔹 Adj. EPS: $0.63; incl. $0.23 tariff refunds 🔹 Adj. EPS ex-Refund: $0.40 (Est. $0.37) 🟢 🔹 GAAP EPS: $0.62; +100% YoY; incl. refunds 🔹 Adj. EBITDA: $457M; incl. tariff refunds Raises FY26 Guide: 🔹 Revenue: $21.7B-$21.8B (Est. $21.91B) 🔴; from $21.5B-$21.75B 🔹 Adj. EBITDA Margin: 7.8%-8.0% (Est. 8.1%) 🔴; from 7.7%-7.9% 🔹 Adj. EPS: $2.15-$2.35 (Est. $2.25) 🟡; from $2.00-$2.20 🔹 Comparable Sales Change: 1.0% to 1.5%; from 0.5% to 1.2% Other Q2 Metrics: 🔹 Comparable Sales: +2.7% 🔹 Go-Forward Business Comps: +2.8% 🔹 Macy's Comps: +1.1% 🔹 Bloomingdale's Comps: +11.3% 🔹 Bluemercury Comps: +6.2% 🔹 Gross Margin: 41.5%; incl. 180 bps refunds Key Updates: 🔸 Tariff refunds: $98M of IEEPA refunds received in Q2 and $18M after quarter end ($116M total); the net benefit was $84M pre-tax, $0.23 per share after tax and 180 bps of gross margin — excluding it, adjusted EPS was $0.40, +14% YoY, and gross margin was up 10 bps; the FY26 guide reinvests the majority of the refunds, with ~$0.05 per share flowing through to adjusted EPS Comments: 🔸 “The investments we're making are driving results across our portfolio, from the continued outperformance of our Reimagine 200 Macy’s stores, to meaningful double-digit growth at Bloomingdale’s and another solid quarter at Bluemercury.”