Macy's, Inc. (M) revised its fiscal 2026 guidance, including raising net sales, comparable sales, and adjusted EPS guidance. Adjusted EPS is now expected in a range of $2.00 to $2.20, revised from prior guidance range of $1.90 to $2.10. Net sales are now expected in a range of $21.5 billion to $21.75 billion, updated from prior guidance range of $21.4 billion to $21.65 billion. Comparable sales change is now projected to be an increase in a range of 0.5% to 1.2%, compared to previous guidance of between a decline of 0.5% to an increase of 0.5%.
For the second quarter, the company projects: adjusted EPS in a range of $0.29 to $0.34; net sales of $4.75 to $4.80 billion; and comparable sales change in a range of flat to an increase of 1.0%.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.