Macy's Says Higher Income Customers Remain Resilient -- Market Talk

Dow Jones03-18

0958 ET - Macy's said its business is performing well in the first quarter of the current fiscal year. It said its customers tend to have higher incomes and have been more resilient than lower income shoppers. Nevertheless, its sales and earnings guidance for 2026 is below what it achieved in 2025 mainly due to macro and geopolitical pressures, executives said. Shares climb 8.3%. (suzanne.kapner@wsj.com)

(END) Dow Jones Newswires

March 18, 2026 09:58 ET (13:58 GMT)

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