Macy's (M) Accumulated Expenses (2019 - 2026)

At the end of FY2026 (ended Jan 31, 2026), Macy's posted Accumulated Expenses of $2.62 billion, down 0.4% from FY2025.

• Accumulated Expenses has a five-year compound annual growth rate of -2.2% (FY2021 to FY2026).
• By fiscal year, Accumulated Expenses came in at $2.63 billion in FY2025 (+2.1%), $2.57 billion in FY2024 (-6.5%), $2.75 billion in FY2023 (-10.9%) and $3.09 billion in FY2022 (+5.4%).
• The fiscal Q2 2027 figure ranks as the lowest quarterly Accumulated Expenses since fiscal Q2 2025.
• Year over year, Accumulated Expenses gained in four of the last eight quarters, with growth averaging 0.5%.
• The high point for year-over-year Accumulated Expenses in five years was fiscal Q4 2022 (growth of 5.4%); the low point was fiscal Q4 2023 (a decline of 10.9%).
• Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $2.24 billion (Q1 2027), $2.62 billion (Q4 2026) and $2.45 billion (Q3 2026).