Macy's raises FY sales view to $21.675B-$21.825B
Macy's raised its FY sales view to $21.675B-$21.825B versus the prior view of $21.5B-$21.75B.
Story updates
10:55:34 AM UTC
SquawkNews
Macy's NYSE:M raised its annual sales and profit forecasts on Thursday after stronger performance at its upmarket Bloomingdale's and Bluemercury chains as higher-income shoppers keep spending despite an uncertain economic backdrop.Under CEO Tony Spring, the department-store operator has been pursui…
10:56:26 AM UTC
SquawkNews
Macy's (NYSE: M ) raises FY2026 Adj EPS guidance from $2.00-$2.20 to $2.15-$2.35 vs $2.25 analyst estimate. Raises FY2026 sales outlook from $21.500 billion-$21.750 billion to $21.675 billion-$21.825 billion vs $21.914 billion estimate.
10:59:12 AM UTC
SquawkNews
Macy's NYSE:M raised its annual sales and profit forecasts on Thursday after stronger performance at its upmarket Bloomingdale's and Bluemercury chains as higher-income shoppers keep spending despite an uncertain economic backdrop.Shares of the company, which also reported a quarterly results beat…
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