Macy’s Holds Steady After Earnings Beat, Bigger 2026 View Driven by Bloomingdale’s
Macy’s raised its 2026 sales and profit forecasts after first-quarter comparable sales rose 3.0%—its first quarterly sales increase in nearly four years—yet shares were little changed at $21.68 as investors weighed risks from tariffs, fuel costs, and consumer stress despite Bloomingdale’s 10.2% sales surge.