Macy's, Inc. (M) Form 8-K — Jun 3, 2026
Macy's, Inc. reported first-quarter 2026 results that exceeded expectations, posting 3.0% comparable sales growth, its strongest Q1 in four years. The performance was driven by a 10.2% comparable sales increase at Bloomingdale's and 1.6% growth at the Macy's nameplate, marking the fourth consecutive quarter of comparable sales gains. The company raised its full-year 2026 guidance, increasing the net sales outlook to $21.5 billion–$21.75 billion and adjusted diluted EPS to $2.00–$2.20, up from previous estimates of $21.4 billion–$21.65 billion and $1.90–$2.10, respectively.
Key figures
- Eps
- 0.23
- Revenue
- 4892000000
- Guidance
- FY2026 Net Sales $21.5B-$21.75B; Comps 0.5%-1.2%; Adj EPS $2.00-$2.20
- Net Income
- 63000000
- Total Debt
- 2432000000
- Revenue Yoy
- 1.8%
- Cash Position
- 1294000000
- Macys comps
- 1.6%
- Adjusted eps
- 0.13
- Adjusted ebitda
- 290000000
- Bluemercury comps
- 6.4%
- Gross margin rate
- 38.9%
- Bloomingdales comps
- 10.2%
- Repurchase remaining
- 1100000000
- Shares repurchased q1
- 2600000
- Comparable sales growth
- 3.0%
Price after filing
Close on the filing date to close N calendar days later (from $21.80). Historical, not a forecast.
AI analysis
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