09:48 AM EST, 03/06/2025 (MT Newswires) -- (Updates to add the company's share buyback plans and recent stock price movement in the last two paragraphs.)

Macy's (M) reported fiscal Q4 adjusted earnings Thursday of $1.80 per diluted share, down from $2.24 a year earlier.

Analysts polled by FactSet expected $1.54.

Revenue for the quarter ended Feb. 1 was $8.01 billion, compared with $8.38 billion a year earlier.

Analysts polled by FactSet expected $7.78 billion in sales.

The company said it expects fiscal 2025 adjusted diluted EPS of $2.05 to $2.25. Analysts polled by FactSet expect $2.29. Net sales are estimated at $21 billion to $21.4 billion. Analysts polled by FactSet expect $21.34 billion.

The company also said it plans to resume share buybacks under its remaining $1.4 billion share repurchase authorization.

Shares of Macy's were down more than 1% in early trading Thursday.

Price: 13.13, Change: -0.18, Percent Change: -1.34