Macy's fourth quarter 2025 results beat expectations with a 1.8% comparable sales increase, countering projections of a decline.

Macy's reported fourth quarter fiscal 2025 results that exceeded guidance, with net sales of $7.6 billion and adjusted EPS of $1.67. The performance was highlighted by an unexpected return to comparable sales growth, which was projected to decline.

Key Highlights

• Comparable sales, a key investor metric, surprisingly grew 1.8% in the fourth quarter, directly contradicting analyst expectations for a 1.5% decline.
• The company's luxury banner, Bloomingdale’s, was a standout performer, reporting a 9.9% increase in comparable sales for the quarter.
• For the full fiscal year 2025, Macy's returned to positive annual comparable sales growth, with an increase of 1.5%.