(Bloomberg) — Macy’s Inc. raised its annual outlook and reported its best comparable sales growth in 12 quarters, the latest signs that consumers are still spending despite concerns about inflation and tariffs. Citing strength across the company, the retailer said Wednesday that it now expects net sales of as much as $21.45 billion for the fiscal year, up slightly from its previous guidance of up to $21.4 billion and better than analysts’ consensus forecast. The New York-based company, which owns Bloomingdale’s and Bluemercury in addition to its namesake stores, also lifted both the top and bottom ends of its adjusted diluted EPS guidance. It now expects comparable sales for the year to fall by about 0.5% to 1.5%, better than the decline of as much as roughly 2% projected in May. Despite Macy’s improved outlook and strong fiscal second-quarter performance, the department store operator warned of a more cautious consumer in the second half of the year. And quarterly revenue has fallen on an annual basis for 13 quarters in a row, an indication that the company is still figuring out a formula for growth. Since Chief Executive Officer Tony Spring took the top job in 2024, he has focused on improving the Macy’s stores identified as having the most potential by targeting them with increased staffing and marketing as well as updating displays. The company has said it will close about 150 underperforming locations through 2026. For the three months ended Aug. 2, the company highlighted strong performance from Bloomingdale’s, Bluemercury and the 125 stores that Macy’s has targeted for upgrades. Net sales and comparable sales outpaced analysts’ expectations. Shares of Macy’s have fallen 20% this year through Tuesday’s close. More stories like this are available on bloomberg.com ©2025 Bloomberg L.P. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Macy’s Raises Expectations But Cautions About Unpredictable Shoppers.
