Strong Overall Financial Performance
Macy's, Inc. achieved a 3.2% comparable sales increase, the strongest in 13 quarters, with a Go-Forward comp of 3.4%. Adjusted EPS was $0.09, surpassing the guidance range of a loss of $0.15 to $0.20 and last year's $0.04.
Bloomingdale's Exceptional Growth
Bloomingdale's posted a 9% comparable sales increase, its best in 13 quarters, driven by strong brand partnerships and aspirational positioning.
Successful Strategic Initiatives
Macy's strategy, including 'Bold New Chapter,' has shown progress with initiatives across all three pillars leading to operational and financial improvements.
Improvements in Customer Engagement
Macy's achieved its highest third quarter Net Promoter Score on record, reflecting improvements in customer experience and product curation.
New China Grove Distribution Center
A state-of-the-art facility was opened in North Carolina, enhancing delivery efficiency and reducing costs.