Macy's Inc
M: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| h#y | LOCK|pS | LOCK|&^kK!< |
Macy's Earnings: Solid Start to Year Provides More Confidence in Plan; Shares Slightly Undervalued
Macy's had 3% overall comparable sales growth in 2026's first quarter. Comparable sales rose 1.6%, 10.2%, and 6.4% at Macy's, Bloomingdale's, and Bluemercury, respectively. Gross margin on net sales slipped 30 basis points to 38.9% on higher tariffs while adjusted EBIT margin fell to 1.6% from 1.8%.
