S&P Global Ratings revises Macy's outlook. Macy's stock yields 3.29 percent

Published on 10/20/2026 at 19:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

S&P Global Ratings revised Macy's credit outlook to positive on October 12, 2026. Macy's stock costs EUR 20.70 on October 20, 2026.

Credit outlook and retail metrics

S&P Global Ratings revised Macy's outlook from stable to positive on October 12, 2026.
Macy's comparable sales increased 2.70 percent in the second quarter of 2026.
Macy's next earnings announcement is scheduled for December 2, 2026.
Macy's stock costs EUR 20.70 at Lang & Schwarz on October 20, 2026 at 7:11 p.m. CEST.

Macy's, US55616P1049, Illustration mit AI erstellt.

Macy's (ISIN US55616P1049) received a positive credit-outlook revision on October 12, 2026, when S&P Global Ratings moved its outlook from stable to positive. As of October 20, 2026, Macy's dividend yield is 3.29 percent. The stock was trading at EUR 20.70 at Lang & Schwarz on October 20, 2026 at 7:11 p.m. CEST, after the Xetra close.

Comparable sales keep growing

The rating action adds a credit-market signal to Macy's operating progress. S&P Global Ratings said comparable owned, licensed and marketplace sales increased 2.70 percent in the second quarter of 2026, marking the fifth consecutive quarter of growth. The company generated the strongest performance in its premium banners, with Bloomingdale's comparable sales up 11.30 percent during the period.

The Macy's banner itself posted 1.10 percent comparable-sales growth in the second quarter of 2026. S&P Global Ratings linked the improvement to inventory management, lower markdown needs and new brand additions, while also noting that the middle-income customer base remains exposed to discretionary spending risks.

Price position and valuation

On the NYSE, Macy's was last at USD 23.25 on October 20, 2026 at 1:18 p.m. ET while the session was open. The 52-week range was USD 16.69 to USD 26.59, placing the quote USD 3.34 below the high and USD 6.56 above the low. Macy's market capitalization was USD 6.1 billion, its price-to-earnings ratio was 8.55 and its dividend yield was 3.29 percent.

What comes next for Macy's?

The next scheduled earnings announcement is December 2, 2026, according to Yahoo Finance. That report will show whether the 2.70 percent comparable-sales increase and Bloomingdale's 11.30 percent growth carried into the following quarter. S&P Global Ratings forecasts Macy's gross margin at 41.20 percent for fiscal year 2026, up from 40.30 percent in fiscal year 2025, while expecting about 40 store closures during fiscal year 2026.

Comparison with peers

Macy's (NYSE, USD): price-to-earnings ratio 8.55, market capitalization USD 6.1 billion.

Kohl's (NYSE, USD): up 0.93 percent on October 20, 2026, price-to-earnings ratio 9.30, market capitalization USD 2.5 billion.

Target (NYSE, USD): up 0.91 percent on October 20, 2026, price-to-earnings ratio 16.06, market capitalization USD 70.3 billion.

Price after the Xetra close

The euro quotation places Macy's at EUR 20.70 after the Xetra close, while the NYSE quote stood at USD 23.25 during the October 20, 2026 session. The German-market price was trading at EUR 20.70 at Lang & Schwarz on October 20, 2026 at 7:11 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Macy's stock.