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In this tutorial, the speaker explains how to format a date in Excel. They note that sometimes, selecting the date column and using the format cells option may not change the format, as Excel may not recognize it as a date. To solve this, they demonstrate how to use the text to columns feature, selecting the desired date format (e.g. mdy). This converts the text format into a date format. They also mention using the control one button to access the format cells dialog box for further customization.