Macy’s forecasts flat FY26 performance following lower FY25 sales

The company expects net sales to range between $21.4bn and $21.65bn in FY26, compared to $21.8bn for FY25. Guidance for comparable sales reflects an anticipated change between a decline of 0.5% and growth of 0.5%, indicating limited growth expectations. Macy’s expects macroeconomic and geopolitical factors to influence discretionary spending, with tariffs having a greater impact in the first half of the year and the most significant effect anticipated in the first quarter. Key metrics from fiscal 2025 ...