Macy’s is trading 4.1% up at $22.98 as investors continue digesting its September 10 earnings report, which highlighted strong Bloomingdale’s and Bluemercy performance and higher full-year 2026 guidance.
- Reuters reported that Macy’s raised its forecasts on robust higher-income consumer spending.
- Near-term turnaround costs and a wider expected quarterly loss remain headwinds.
- Shares gained 7.71% on September 11.