Macy's Reports Strong Q1 Earnings and Raises Guidance Amid CEO Turnaround Plan

Macy’s reported better-than-expected spring-quarter earnings, with profits rising to $63 million from $38 million a year ago. The retailer also saw its strongest first quarter in four years on the back of consecutive same-store sales gains. Macy's raised full-year guidance as CEO Tony Spring continues his turnaround strategy.

By Jamie Wilde Thu, June 4, 2026 at 7:01 AM GMT+3 3 min read · Yahoo Finance · June 4, 2026, 04:01 UTC

Topics: CEO strategy Macy's same-store sales growth turnaround plan

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