Macy's, Inc. Earnings Recaps
Q1 2026
Jun 5, 2026
Macy’s shares rose 6.3% post-earnings, supported by better-than-expected comparable sales and adjusted EPS, reflecting tangible early benefits from the Bold New Chapter strategy across nameplates and channels.
Key takeaways
- Enterprise-wide comparable sales growth of 3.0%, the strongest first quarter since 2022; go-forward Macy’s tracks slightly higher at 3.1%.
- Macy’s nameplate comps grew 1.6%, led by Reimagine locations which expanded to 200 stores and posted 2.4% comp growth.
- Bloomingdale’s delivered a standout 10.2% comp increase, marking its highest first-quarter sales ever.
- Adjusted EPS of $0.13 came in above the high end of prior guidance, driven by sales strength and expense management.
- Mixed category trends with strong performance in watches, petites, dresses, and accessories offset by softness in big-ticket home furniture and plus-size apparel.
Q3 2025
Dec 3, 2025
Macy's, Inc. reported stronger-than-expected performance in Q3 2025, driven by notable sales growth across all brand segments, reflecting successful execution of its Bold New Chapter strategy.
Key takeaways
- Comparable sales grew 3.2%, with Go-Forward Macy's leading at 3.4% growth, marking a 13-quarter high for Macy's.
- Adjusted EPS stood at $0.09, significantly surpassing guidance expectations of a loss between $0.15 and $0.20.
- Bloomingdale's achieved its highest comp growth in 13 quarters, while Bluemercury continued to show consistent comparable sales growth.
- Customer satisfaction reached a record high, evidenced by Macy's strongest Net Promoter Score for Q3 and positive feedback highlighting employee engagement.
- Inventory levels aligned with expectations, positioning Macy's well for the upcoming holiday season with a diverse mix of new offerings.