Macy's Just Printed Its Best Quarter in Four Years and Raised Its 2026 Guidance, and Wall Street Is Still Trying to Decide Whether the American Consumer Is Back
NEW YORK, June 14 -- Macy's first-quarter results, reported earlier this month, delivered the company's strongest fiscal first-quarter comparable-sales reading in four years, with the same-store metric printing at plus 3 percent against guidance of 0.5 to 1.5 percent and a prior-year base of minus 2 percent. Net sales of 4.7 billion United States dollars came in 1.8 percent ahead of last year and above the 4.575-to-4.625 billion dollar guidance range, the Bloomingdale's comparable-sales line printed at plus 10.2 percent for the strongest first quarter in that brand's history, and Bluemercury delivered comparable sales of plus 6.4 percent driven by skin-care and fragrance categories. Chief executive Tony Spring used the same release to rai...
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