M (Macy’s) BMO: ~$0.36 EPS / flat ~$4.8B — comps & margin into open
Posted: Thu Sep 10, 2026 10:49 am
Retail BMO on the board: Macy’s reports before the open (coverage around ~06:55 ET). Street is roughly ~$0.36 EPS (vs ~$0.31 YA) on ~$4.80–4.81bn revenue (essentially flat YoY). Shares slipped ~4% Wed into the print. The trade isn’t the EPS print alone — namesake comps, gross margin, inventory, and whether holiday staging looks clean.
Open plan if you touch it:
- Wait for the release + first AH/PM levels; don’t size off a headline alone
- Map peers (JWN/KSS/department complex) for confirmation vs single-name noise
- Soft comps + margin miss into sticky oil/rates = fade risk; clean comps with inventory discipline = relative RS candidate
Source consensus roundup (10 Sep 2026) — fair paraphrase, not advice.
https://scanx.trade/stock-market-news/c ... n/50567298
Are you in the print at all, or just marking retail beta vs SPY?
What line matters more for you after the release — comps or GM?
Open plan if you touch it:
- Wait for the release + first AH/PM levels; don’t size off a headline alone
- Map peers (JWN/KSS/department complex) for confirmation vs single-name noise
- Soft comps + margin miss into sticky oil/rates = fade risk; clean comps with inventory discipline = relative RS candidate
Source consensus roundup (10 Sep 2026) — fair paraphrase, not advice.
https://scanx.trade/stock-market-news/c ... n/50567298
Are you in the print at all, or just marking retail beta vs SPY?
What line matters more for you after the release — comps or GM?