Macy's (M Quick QuoteM - Free Report) reported $7.64 billion in revenue for the quarter ended January 2026, representing a year-over-year decline of 1.7%. EPS of $1.67 for the same period compares to $1.80 a year ago.

The reported revenue represents a surprise of +1.53% over the Zacks Consensus Estimate of $7.52 billion. With the consensus EPS estimate being $1.53, the EPS surprise was +9.39%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Macy's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Store Count - Bluemercury (EOP): 172 compared to the 175 average estimate based on three analysts.
• Store Count - Total Macy's (EOP): 432 versus 414 estimated by three analysts on average.
• Store Count - Consolidated Macy's, Inc. (EOP): 665 versus 659 estimated by two analysts on average.
• Comparable store sales - Owned-Plus - Licensed-Plus - Marketplace: 1.8% versus the two-analyst average estimate of 0.2%.
• Revenue- Net Sales: $7.64 billion compared to the $7.52 billion average estimate based on three analysts. The reported number represents a change of -1.7% year over year.
• Revenue- Other Revenue: $277 million versus the three-analyst average estimate of $257.46 million. The reported number represents a year-over-year change of +15.9%.
• Revenue- Other Revenue- Credit card revenues, net: $205 million compared to the $179.53 million average estimate based on two analysts. The reported number represents a change of +17.1% year over year.
• Revenue- Other Revenue- Macy's Media Network revenue, net: $72 million versus $79.66 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12.5% change.

View all Key Company Metrics for Macy's here>>>

Shares of Macy's have returned -23.9% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.