Shares rose about 4% before the market opened Wednesday. Macy’s sales dropped to $4.79 billion from $5 billion a year earlier, better than the $4.42 billion that analysts polled by FactSet expected.

For fiscal 2026, Macy’s expects EPS between $2.05 and $2.25, below the consensus estimate of $2.32. Full-year revenue is projected between $21 billion and $21.4 billion, compared to the ...

Macy’s sales dropped to $4.79 billion from $5 billion a year earlier, better than the $4.42 billion that analysts polled by FactSet expected.