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macy’s-lifts-full-year-outlook-as-luxury-banners-drive-strong-first-quarter
Macy’s Lifts Full-Year Outlook as Luxury Banners Drive Strong First Quarter

Macy’s Lifts Full-Year Outlook as Luxury Banners Drive Strong First Quarter

Last updated: June 4, 2026 4:48 am
By
Bill Pan
1 Min Read
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Macy’s Lifts Full-Year Outlook as Luxury Banners Drive Strong First Quarter

Shoppers enter a Macy’s department store in Bay Shore, New York state, on Dec. 12, 2023. Ted Shaffrey/AP Photo

Macy’s has raised its full-year forecast after reporting a stronger-than-expected start to the year.

The department-store chain said on June 3 that comparable sales—sales from established stores and online channels—rose 3 percent in the first quarter of fiscal year 2026, up from a 1.8 percent gain in the fourth quarter of 2025 and marking its best performance of such sales in about four years.

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