March 18, 2026, 3:59 PM EDT. Macy's reported strong Q4 earnings, with adjusted EPS at $1.84 beating the $1.54 forecast and revenue at $7.6 billion surpassing estimates. Same-store sales increased 1.8%, driven by a nearly 10% rise at Bloomingdale's, exceeding Wall Street's 2.5% expectation. Despite the Federal Reserve holding interest rates steady, Macy's shares rose nearly 7% in premarket trading. The company projects fiscal 2025 adjusted earnings between $1.90 and $2.10 per share, slightly below analysts' $2.21 estimate, but expects revenue to exceed forecasts. Same-store sales are forecasted to be flat to down 0.5%, slightly missing Street predictions. CEO Tony Spring highlighted ongoing investments in customer experience and employee support as key to the retailer's turnaround strategy.
