Macy's Posts Q4 Beat; Positive Comps To Continue

Macy's Inc (NYSE: M) reported fourth-quarter retail sales of $7.639 billion and adjusted earnings of $1.67 per share, exceeding consensus estimates of $7.500 billion and $1.57 per share. Comparable store sales (comps) increased by 1.8%, surpassing expectations of a 0.9% decline. Management provided guidance for 2026 earnings of $1.90-$2.10 per share, below the consensus of $2.22, and expects comps to range from -0.5% to +0.5%. Following the announcement, Macy's shares rose by 4.96% to $17.72.