Macy's raised guidance as 13 analysts rate Macy's stock Hold

Published on 10/08/2026 at 17:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Macy's stock costs EUR 20.18 on October 8, 2026 after EUR 20.42. Second-quarter revenue reached USD 5.059 billion, up 1.20 percent year over year.

Key points in brief

Macy's raised fiscal 2026 sales and adjusted earnings guidance on September 10, 2026.
The second quarter produced USD 5.059 billion in revenue and USD 0.62 GAAP diluted earnings per share.
Macy's stock was at EUR 20.18 at Lang & Schwarz on October 8, 2026, down 1.18 percent from EUR 20.42.
The primary listing is NYSE under ticker M, with a USD 16.41 to USD 26.59 52-week range.

Macy's, US55616P1049, Illustration mit AI erstellt.

Macy's raised its fiscal 2026 guidance on September 10, 2026, lifting net sales expectations to USD 21.675 billion to USD 21.825 billion from USD 21.50 billion to USD 21.75 billion, according to Macy's. Marketscreener listed a Hold consensus from 13 analysts, with an average target of USD 23.36, on September 10, 2026.

Second-quarter sales grew 1.20 percent

The company reported USD 5.059 billion in total revenue for the second quarter of fiscal 2026, up 1.20 percent from USD 4.999 billion in the year-earlier quarter. GAAP diluted earnings per share reached USD 0.62, compared with USD 0.31 in the second quarter of fiscal 2025, according to Macy's.

Adjusted diluted earnings per share were USD 0.63, compared with USD 0.35 a year earlier, but the reported quarter included a USD 0.23 net tariff refund benefit. Gross margin rose to 41.50 percent from 39.70 percent, while the release said the underlying improvement excluding tariff effects was 0.10 percentage points, according to Macy's.

Chronology shows a mixed earnings picture

On August 28, 2026, Macy's declared a quarterly dividend of USD 0.1915 per share, according to Macy's. On September 10, 2026, second-quarter revenue reached USD 5.059 billion, while adjusted diluted earnings per share reached USD 0.63, according to Macy's. On September 10, 2026, the company raised fiscal-year adjusted diluted earnings-per-share guidance to USD 2.15 to USD 2.35 from USD 2.00 to USD 2.20, according to Macy's.

What the quarter changed

The figures point to a stronger sales base but a less clean earnings comparison because tariff refunds contributed to adjusted profit. Bloomingdale's comparable sales increased 11.30 percent in the second quarter of fiscal 2026, while Bluemercury comparable sales rose 6.20 percent, according to Macy's. For the full year, the guidance range implies adjusted diluted earnings per share of USD 2.15 to USD 2.35, with the company directing most tariff refund proceeds toward investments.

Stock trades lower in late session

Macy's stock was trading at EUR 20.18 at Lang & Schwarz on October 8, 2026 at 5:07 p.m. CEST, down 1.18 percent versus the Lang & Schwarz prior close of EUR 20.42 on October 7, 2026. On the NYSE, the primary listing, finance data showed an intraday price of USD 22.52 at 11:15 a.m. EDT on October 8, 2026; the USD 5.9 billion market capitalization and USD 16.41 to USD 26.59 52-week range were dated the same day. The further course of trading is shown by the continuously updated real-time quote of Macy's stock.