Macy's Q1 Revenue Jumps to $4.89B, EPS Up 77% to $0.23
M has more than doubled off its 52-week low of $10.54 on elevated volume (1.9× avg).
Summary
Macy's reported strong first-quarter 2026 results, with revenue of $4.892 billion and diluted EPS of $0.23, representing significant year-over-year increases of 2.1% and 76.9% respectively. This news summarizes the official 10-Q filing released minutes prior and confirms the positive Q1 performance that was broadly reported by news outlets and an 8-K on June 3rd and earlier on June 4th. The company achieved a 3.0% rise in comparable sales and a 65.8% increase in net income, driven by strong performance across its brands and digital channels.
At the time of this announcement, M was trading at $23.30 on NYSE in the Trade & Services sector, with a market capitalization of approximately $6.1B. The 52-week trading range was $10.54 to $24.41. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.