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Macy's Raises Full-Year Guidance Amid Sustained Sales Growth

By Stocks Desk · 2026-09-10 · Updated 2026-09-10 14:38 UTC
A modern department store interior with neatly arranged clothing racks and soft ambient lighting.
Illustration: Tradingbird

Macy's raised its full-year EPS outlook to $2.15-$2.35 after posting Q2 revenue of $4.87 billion, driven by record double-digit growth at Bloomingdale's and positive comps at the main banner. The company noted that $98 million in tariff refunds boosted earnings, with management stating they are reinvesting the majority of the windfall into long-term brand initiatives and store renovations.

  • GN markets/earnings (en-US) details that Macy's Q2 adjusted EPS of $0.63 includes a $0.23 benefit from tariff refunds, which the company is partially reinvesting into brand marketing and store pilots rather than taking as pure profit. Bloomingdale's drove the beat with an 11.3% comparable sales increase, marking its second consecutive quarter of double-digit growth.

    Source: GN markets/earnings (en-US)

  • Macy's reports second-quarter revenue of $4.87 billion and raises full-year EPS outlook to $2.15-$2.35, citing strong performance from revamped stores and Bloomingdale's.

    Source: GN markets/earnings (en-US)
Based on reporting by GN markets/earnings (en-US) and GN markets/earnings (en-US), compiled by the Tradingbird desk.

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