Macy's (M) comparable sales were roughly flat quarter-to-date

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Macy’s, Inc. Provides Fourth Quarter 2024 Update

January 13, 2025 7:00 AM EST

NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today provided an update on its fiscal fourth quarter 2024 results and outlook.

Macys, Inc. go-forward business achieved quarter-to-date1 comparable sales2 growth, with Macys First 50 locations and luxury nameplates Bloomingdales and Bluemercury all continuing their trend of positive comparable sales2. Macys digital channel also achieved comparable sales2 growth for the period1.

Macys, Inc. comparable sales2 were roughly flat quarter-to-date1 with Macys non-First 50 locations, inclusive of non-go-forward locations, performing below expectations and generating negative comparable sales2.

The company expects fourth quarter... More