Wednesday's Morning Movers: LULU & Macy's (M) Add Retail Strength, SAIL Sells

Macy's - Macy's reported better-than-expected earnings with adjusted EPS at $1.67, surpassing the expected $1.53, and revenue at $7.64 billion, slightly above the anticipated $7.62 billion [2][3] - The company expects a decline in sales and profit for the fiscal year, projecting sales between $21.4 billion to $21.65 billion, which is lower year-over-year [3][4] - Macy's is in the second year of a three-year turnaround plan, having closed over 100 underperforming locations and focusing on quality over quantity [5][6] - Bloomingdale's, a premium segment of Macy's, showed strong performance with 9.9% comp sales growth, while Macy's flagship business saw a modest increase of 0.4% [5][6] Lululemon - Lululemon reported adjusted EPS of $5.01, exceeding the expected $4.77, with revenue at $3.64 billion, above the forecast of slightly over $3.5 billion [9][10] - The company provided weaker-than-expected guidance for the first quarter, anticipating sales between $2.4 billion to $2.43 billion, attributed to tariff pressures and internal challenges [10][11] - Lululemon is facing brand fatigue and is attempting a brand reset by reducing discounting and returning to a premium pricing model, as tariffs are expected to cost the company up to $380 million this year [12][13]