Macy’s reported its strongest first quarter in years, with comparable sales up 3% and Bloomingdale’s surging 10.2%. The retailer raised its full-year 2026 sales and earnings guidance for the first time in nearly four years.
Berkshire bought a $2.6B stake in Delta again and also took a small new position in Macy’s while reshaping its portfolio in Q1 2026.
Macy’s exceeded its Q4 and full-year 2025 guidance, with comparable sales up 1.8% and record holiday performance at Bloomingdale’s. Shares jumped as tariff pressures are expected to ease in the second half of 2026.
Macy's posts best comparable sales growth in 3+ years with 3.2% increase. Management remains "highly cautious" about the holiday spending outlook.
Macy's reports its first same-store sales growth in 12 quarters, beats Q2 earnings expectations, and raises full-year guidance, signaling its turnaround strategy is gaining traction.
