Macy’s tops Q1

The results the market cheered were reported as Macy’s fourth quarter and full‑year 2025 results (the quarter ended in January 2026), not a calendar Q1, per the company’s March 18 press release. (mms.businesswire.com) Comparable‑sales details show Macy’s group comps rose 1.8% year‑over‑year and go‑forward comps were up 2.0%, with Bloomingdale’s delivering a 9.9% comp gain and Bluemercury +1.3% in the quarter. (mms.businesswire.com) Management said the Reimagine store program will expand by 75 additional locations this year as “Reimagine 200,” and Reimagine 125 locations had higher comps than the fleet during the quarter. (mms.businesswire.com) Macy’s ended fiscal 2025 with $1.2 billion in cash and cash equivalents, generated $1.4 billion of operating cash flow and returned $448 million to shareholders in the year (about $197 million in dividends and $251 million in repurchases). (mms.businesswire.com) For fiscal 2026 the company guided to net sales of $21.4 billion–$21.65 billion and adjusted diluted EPS of $1.90–$2.10, while forecasting comparable sales to be roughly flat (‑0.5% to +0.5%); management flagged tariff and geopolitical uncertainty as reasons for the prudent outlook. (cnbc.com) Macy’s also provided first‑quarter 2026 targets: projected net sales of roughly $4.575 billion–$4.625 billion and adjusted EPS near break‑even (about ‑$0.01 to $0.01) for the period. (msn.com) Investors reacted intraday: Macy’s shares gapped higher after the report, jumping in premarket trade (reports showed moves as large as ~9% premarket and intraday gains in the mid‑single digits on March 18). (investing.com)