revenue $4.89B, net income $63.0M. Macy's posts 65.8% comp sales growth, highest in 4 years; tariffs now up to 145% on China

Filed June 4, 2026 · Period ending May 2, 2026 · Compared to 10-Q Jun 5, 2025 · ~2 min read

Key Changes

• high

  Comparable sales swung from -1.2% decline in Q1 2025 to +3.0% growth in Q1 2026, the company's strongest comp performance in four years, driven by broad-based improvement across all nameplates and channels.

  MD&A: Comparable Sales Performance verify on EDGAR →
• high

  New tariffs escalated to 145% on Chinese goods before temporary 90-day reduction to 30%; management states pricing pass-through timing is uncertain and tariff volatility is already dampening consumer demand for discretionary products.

  Risk Factors: Trump Tariffs verify on EDGAR →
• high

  Bloomingdale's achieved highest Q1 sales in its 154-year history with 10.2% comp growth, accelerating 640 basis points year-over-year, led by ready-to-wear, men's apparel, and fine jewelry.

  MD&A: Bloomingdale's Comp Sales verify on EDGAR →