Macerich Reports Q1 2026 Earnings and Operational Metrics
Macerich (MAC) reported Q1 2026 earnings with adjusted FFO per diluted share of $0.34. The company noted a 3.9% year-over-year increase in total comparable in-line sales and a 1.2% year-over-year growth in portfolio centers NOI, despite a 50 basis point negative impact from winter weather. Permanent physical occupancy is at 84%, with projections to reach 88%-89% as the Path Forward leasing strategy is executed.
Tickers: $MAC
Topics: leasing occupancy real_estate retail sales_growth