Macy’s Q1 Sales Reach $4.7B with 10.2% Bloomingdale’s Comp Gain
M•Macy’s Inc. delivered Q1 total sales of $4.7B, lifting adjusted net income to $35M and EPS to $0.13, while comparable sales rose 3% companywide and soared 10.2% at Bloomingdale’s. The retailer raised its 2026 outlook and plans to expand AI tools across 35 use cases to drive efficiency.
1. Strong Q1 Financial Performance
Macy’s Inc. reported Q1 total sales of $4.7 billion, up from $4.6 billion a year ago, and boosted adjusted net income to $35 million with EPS rising to $0.13. Comparable sales increased 3% overall and 3.1% on a go-forward basis, exceeding the company’s guidance and reflecting gains at reimagined stores.
2. Bloomingdale’s Growth and Expansion
Bloomingdale’s achieved a 10.2% comparable sales gain, its best first quarter in the division’s 154-year history, fueled by brand elevation and a diverse merchandise mix. The chain operates 31 department stores, 25 outlets and four Bloomie’s locations, with potential new full-line stores planned in Texas and the Pacific Northwest.
3. AI Deployment Across Operations
The company has rolled out AI across 35 use cases in supply chain management, website personalization, call centers and HR to boost revenue, enhance customer experience and streamline tasks. An AI-powered conversational shopping assistant launched at Macy’s will be implemented at Bloomingdale’s to improve service and operational efficiency.
