Macy's, Inc. (NYSE:M) reported first quarter results that beat Wall Street expectations for both earnings and revenue, while also raising its full-year guidance, which saw its shares edge about 1% higher on Wednesday. For Q1, the company reported adjusted diluted earnings per share of $0.13, compared with analyst estimates of $0.03.
The headline numbers for Macy's (M) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Macy's NYSE: M reported a stronger-than-expected first quarter of fiscal 2026, with executives saying the retailer's “A Bold New Chapter” turnaround strategy is gaining traction across its Macy's, Bloomingdale's and Bluemercury banners.
Macy's (M) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.16 per share a year ago.
Shares of Macy's Inc (NYSE:M) are higher in premarket trading, up 1.6% at $22.02, after the retailer beat first-quarter earnings and revenue expectations, posted its strongest first-quarter comparable sales growth in four years, and raised its full-year outlook.
Macy's raised its full year guidance after posting better than expected fiscal first quarter results. During the quarter, comparable sales grew 3%, the strongest first quarter performance in four years.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Macy's (M), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2026.
Macy's (M) closed the most recent trading day at $21.05, moving 2.86% from the previous trading session.
Macy's (M) closed the most recent trading day at $18.55, moving +1.28% from the previous trading session.
In the closing of the recent trading day, Macy's (M) stood at $18.66, denoting a -4.21% move from the preceding trading day.
Macy's (M) closed at $19.19 in the latest trading session, marking a -2.56% move from the prior day.
M leans into AI and digital, with one-third of sales online and more than 35 use cases boosting customer insight, efficiency and growth.