Macy’s Rises 5%: The Department Store Fighting Back in Amazon’s World

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David Moadel

Wed, March 18, 2026 astatine 10:57 AM CDT 6 min read

  • Macy’s (M) reported Q4 adjusted diluted EPS of $1.67, beating statement by 8.44%, with gross of $7.92B beating estimates by 14.28%, portion Bloomingdale’s posted 9.9% comparable income maturation successful its champion vacation play connected record.

  • Macy’s bushed expectations with stronger-than-expected net and superior returns signaling absorption confidence, though guidance for fiscal 2026 reflects caution astir tariffs and user weakness adjacent arsenic the institution expands its Reimagine 125 store program.

  • Amazon (AMZN) generated $716.9B successful trailing twelve-month gross and remains the lowest-priced U.S. retailer, but Macy’s is gathering competing gross streams, including recognition paper revenues up 17.1% to $205M and its Media Network up 12.5% to $72M.

  • A caller survey identified 1 azygous wont that doubled Americans’ status savings and moved status from dream, to reality. Read much here.

Macy's (NYSE:M) banal is up 5% successful Wednesday greeting trading, with shares climbing toward $18 aft the institution posted a stronger-than-expected 4th fourth of FY2025. The determination stands retired fixed that the broader user cyclical assemblage is down 0.83% contiguous and the S&P 500 has slipped 0.48%, making Macy's 1 of the fewer retail names bucking the tape.

The popular comes aft a brutal stretch. Macy's shares are inactive down 22.4% year-to-date and are disconnected 20.89% implicit the past period heading into today's print. Today's net gave investors thing factual to clasp connected to.

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Macy's reported adjusted diluted EPS of $1.67 for Q4, against a statement estimation of $1.54. That's an 8.44% beat. Revenue came successful astatine $7.92 cardinal versus the $6.93 cardinal estimate, a 14.28% bushed that's hard to disregard arsenic noise.

Furthermore, Macy's GAAP nett income deed $507 million, up from $342 cardinal a twelvemonth ago. Operating income climbed 49.3% year-over-year to $745 million, adjacent arsenic full gross slipped 1.1% owed to the deliberate closure of 64 underperforming stores successful fiscal 2025. That's the benignant of operational leverage that shows a concern getting leaner, not conscionable smaller.

The standout wrong Macy's quarterly study was Bloomingdale's, which posted 9.9% comparable income maturation successful Q4, its champion vacation play connected record. All 3 nameplates (Macy's, Bloomingdale's, and Bluemercury) posted affirmative comparable income successful the quarter. Moreover, Macy's consolidated comparable income roseate 1.8%.

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