by Mike Duff | Mar 18, 2026 | Retail Articles
Comparable sales gained as adjusted income fell in Macy’s fourth quarter, although the company still managed to beat Wall Street estimates. Net income was $507 million, or $1.84 per diluted share, versus $342 million, or $1.21 per diluted share, in the year-before...
by Mike Duff | Jan 13, 2026 | Featured News, Retail Articles
Macy’s Chairman and CEO Tony Spring told company employees in a memo that the retailer’s “Bold New Chapter” strategy is producing business improvements, but he noted more store closings are necessary to move the company forward. In the meantime, news...
by Mike Duff | Dec 3, 2025 | Retail Articles
Macy’s third-quarter results easily topped analyst estimates as it registered growth across its portfolio of store banners. Net income was $11 million, or four cents per diluted share, versus $28 million, or 10 cents per diluted share, in the year-prior quarter....
by Mike Duff | May 28, 2025 | Retail Articles
Macy’s lowered its earnings guidance for the full fiscal year while maintaining its sales forecast after posting first-quarter earnings that beat analyst estimates despite lower comparable sales. Net income was $38 million, or 13 cents per diluted share, versus $62...
by Mike Duff | Mar 6, 2025 | Retail Articles
Macy’s ‘First 50’ namesake stores continued sales progress in the fourth quarter as its luxury brands, Bloomingdale’s and Bluemercury, made significant comp gains. Net income was $342 million, or $1.21 million per diluted share, versus a loss of $128...