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Macy's Exceeds Sales Expectations, Issues Cautious 2026 Outlook

3/19/2026

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Story summary
  • Macy's, Inc., the retailer, reported fourth-quarter 2025 net sales of $7.92 billion, a 1.1% year-over-year decline, while comparable sales rose 1.8%.
  • The results exceeded analysts' expectations.
  • Macy's issued a cautious 2026 outlook, projecting adjusted earnings per share (EPS) between $1.90 and $2.10, below estimates.
  • Macy's plans to close underperforming stores while investing in remaining locations to boost profitability.