Macy’s Q4 EPS Tops by $0.30; Bloomingdale’s Sales Jump 10%
Macy’s Q4 adjusted EPS was $1.84, beating $1.54 estimates, and revenue rose to $7.6B versus $7.5B expectations. Company posted a 1.8% same-store sales increase and luxury unit same-store sales jumped 10%, but issued FY26 EPS guidance of $1.90–2.10 below the $2.21 consensus.
1. Q4 Earnings Beat Expectations
Macy’s reported Q4 adjusted EPS of $1.84 against $1.54 estimates and revenue of $7.6B surpassing $7.5B consensus, with comparable-store sales rising 1.8% compared to a forecasted 0.1% decline.
2. Luxury Division Outperformance
Bloomingdale’s same-store sales jumped nearly 10%, far exceeding the 2.5% forecast, reflecting stronger customer demand in premium contemporary and luxury segments.
3. Fiscal 2026 Guidance and Outlook
Company set fiscal 2026 adjusted EPS guidance at $1.90–2.10, below the $2.21 consensus, and projected revenue of $21.4B–21.65B versus $21.1B expected, with same-store sales forecast between -0.5% and +0.5%, citing economic uncertainties.