Macy's files 10-Q amendment to fix CFO name; cites 7.375% notes, no restatement

Macy's, Inc. (NYSE: M)

What happened: Macy's filed Amendment No. 1 to its Form 10‑Q for the quarter ended August 2, 2025. The amendment solely corrects the name of the Company's Chief Financial Officer in the CFO certifications (Exhibits 31.2 and 32.2). The filing states no other changes were made to the original Form 10‑Q.

Key facts & statistics
* Amendment filed (signed): September 12, 2025.
* Original Form 10‑Q filing date: September 10, 2025 (Amendment speaks as of that date and does not update later events).
* Shares outstanding (as of August 30, 2025): 268,505,751 shares.
* Commission file number: 1‑13536.
* Referenced debt: Indenture dated July 29, 2025 for Macy's Retail Holdings, LLC 7.375% Senior Notes due 2033 (listed as Exhibit 4.1).
* The original Form 10‑Q includes Consolidated Statements of Income and related financial statements (Exhibit 101).

What's happening inside the company (straightforward)
* Administrative / governance action: the amendment fixes an error in executive certifications - a limited governance clean‑up rather than a financial restatement.
* No restatement of financial results: the company did not change its reported income statement or other financials in this amendment, so previously reported results remain the reference point.
* Debt activity: the company has a referenced 7.375% senior note issuance (due 2033) that increases long‑term interest obligations and leverage considerations.

Income statement - positives
* Reported results remain unchanged by this amendment, so investors keep continuity and comparability with the originally filed quarter.
* No restatement required suggests the company did not identify reporting errors that would alter operating performance metrics in the quarter filed.

Income statement - negatives / watch points
* Interest expense risk: the 7.375% senior notes increase fixed interest costs - higher interest expense will pressure net income and margins going forward unless offset by stronger operating profit.
* Timing / currency of information: the amendment explicitly does not reflect events after the original filing date - any material developments after Sept 10, 2025 are not captured here and could affect future profitability.
* Share count: ~268.5M shares outstanding is the EPS denominator; any decisions on buybacks or share issuance will materially affect per‑share metrics.

Quick take
This is a narrow, administratively driven SEC correction - not a change to reported operating results. The key financial implication to monitor is rising financing cost from the 7.375% notes, which can weigh on net income and EPS unless operating income improves. For actual income statement line‑by‑line numbers, consult the original Form 10‑Q (filed Sept 10, 2025) and the Consolidated Statements of Income included as Exhibit 101.

Signed in the filing: Tracy M. Preston (Chief Legal Officer & Corporate Secretary) and Paul Griscom (SVP & Controller).