US EditionMacy's post strong sales from the holiday quarter and sees encouraging signs from a refresh at some of its stores
- On March 18, 2026, Macy's, Inc. reported fourth-quarter net income of $507 million and adjusted EPS of $1.67 on adjusted revenue of $7.64 billion, beating Street forecasts.
- As part of a three-year overhaul, Macy's plans to close about 150 Macy's department stores and invest in approximately 350 Macy's stores to accelerate luxury and digital growth.
- At the store level, the 125 reimagined Macy's locations saw comparable sales rise 0.9%, and the company will reimagine an additional 75 stores this year, while Bloomingdale's comparable sales jumped 9.9%.
- Looking to fiscal 2026, Macy's guided net sales of $21.4 billion to $21.65 billion and adjusted diluted EPS of $1.90 to $2.10, with tariffs hitting hardest in the first quarter.
- With $1.2 billion in cash and remaining buyback capacity, Macy's returned $448 million in 2025 and has about $1.1 billion left under its $2.0 billion authorization.
36 Articles
36 Articles
Macy's posts strong Q4 results
NEW YORK — Macy's reported stronger-than-expected profits in the crucial fourth-quarter and comparable sales rose again. The department store said an overhaul of its merchandise and improved customer service led to more spending by shoppers.
Macy's, Bloomingdale’s Deliver Record Holiday Sales As Tariffs Hurt Margins - Macy's (NYSE:M)
Macy’s Inc. (NYSE:M) shares are trading higher after the company reported better-than-expected fourth quarter financial results and issued guidance. Bloomingdale’s Exceptional Performance The department store reported fourth-quarter adjusted earnings of $1.67, beating the consensus of $1.53. Sales decreased 1.7%2 to $7.6 billion, beating the consensus of $7.615 billion. Comparable sales up 1.8%, reflecting positive comparable sales at each of th…
Macy’s Rises 5%: The Department Store Fighting Back in Amazon’s World
Quick Read Macy’s (M) reported Q4 adjusted diluted EPS of $1.67, beating consensus by 8.44%, with revenue of $7.92B beating estimates by 14.28%, while Bloomingdale’s posted 9.9% comparable sales growth in its best holiday season on record. Macy’s beat expectations with stronger-than-expected earnings and capital returns signaling management confidence, though guidance for fiscal 2026 reflects caution about tariffs and consumer weakness even as…
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