Macy’s, Inc. announced updates to certain financial disclosure metrics on February 18, 2026, to simplify disclosures for its go-forward business comparable sales and provide increased clarity on key metrics supporting growth profile and operating performance. The changes include additions to OLM sales, total revenue, and updates to non-GAAP earnings definitions excluding ASG and BPI, with no impact on GAAP consolidated financial reporting.
Key takeaways
Updates streamline comparable sales to four go-forward OLM metrics: Macy’s nameplate, Macy’s Reimagine locations, Bloomingdale’s, and Bluemercury.
Added go-forward Macy’s, Inc. OLM dollar sales, Macy’s nameplate, Bloomingdale’s, and Bluemercury OLM dollar sales.
Added go-forward Macy’s, Inc. total revenue.
Non-GAAP earnings now exclude ASG and BPI in addition to Impairment, Restructuring and Other Costs and Settlement Charges.
Recast data provided for fiscal 2023, 2024, and Q1-Q3 2025 comparable OLM sales, OLM dollar sales, total revenue, and adjusted EBIT, EBITDA, net income, EPS.
New metrics apply to all disclosures beginning Q1 fiscal 2026.