<p>梅西百貨公司（Macy's Inc.）在紐約證券交易所上市，股票代碼為 M，2026 年第一季度的表現超出預期，進一步證明了該零售商的 “大膽新篇章” 轉型戰略正在取得成效。</p>
<p>強勁的業績也促使這家百貨連鎖店上調了全年展望。儘管好消息不斷，華爾街的反應卻相對平淡，報告發布後，股價僅小幅上漲。</p>
<h2>第一季度業績超預期，品牌表現強勁</h2>
<p>梅西百貨第一季度調整後每股收益為 13 美分，低於去年同期的 16 美分，但遠超華爾街預期的每股 2 美分。營收為 48.9 億美元，同比增長 1.8%，超出分析師預期的 46.1 億美元。</p>
<p>梅西百貨的各個品牌均表現出色。布魯明戴爾（Bloomingdale's）的表現尤為強勁，同店銷售（comps）同比增長 10.2%，創下該品牌歷史上最佳的第一季度。同店銷售在梅西品牌上增長 1.6%，而重新設計的門店（佔門店總數的約 60%）的同店銷售增長了 2.4%。在銷售奢侈美容品牌的 Bluemercury，同店銷售增長了 6.4%。</p>
<p>首席執行官託尼·斯普林（Tony Spring）在財報電話會議上表示：“在第一季度，我們實現了全企業範圍的增長，所有關鍵指標的表現均超出預期，所有品牌和渠道的同店銷售均為四年來最佳。”</p>
<p>他補充道：“這些廣泛的運營和財務改善反映了 ‘大膽新篇章’ 戰略的實力和可行性。”</p>
<h2>梅西百貨上調全年展望</h2>
<p>梅西百貨發佈了第二季度的指導意見，並上調了全年展望，理由是第一季度的收益和營收結果超出預期，以及對全年銷售預期的適度上調。</p>
<p>對於第二季度，該公司預計淨銷售額約為 47.5 億至 48 億美元，同店銷售預計持平或增長 1%。調整後的稀釋每股收益預計在 29 美分至 34 美分之間。</p>
<p>對於全年，梅西百貨現在預計淨銷售額為 215 億至 217.5 億美元，高於之前預測的 214 億至 216.5 億美元。同店銷售預計增長 0.5% 至 1.2%，而之前的指導為下降 0.5% 至增長 0.5%。調整後的稀釋每股收益現在預計在 2 美元至 2.20 美元之間，高於之前的 1.90 美元至 2.10 美元的範圍。</p>
<p>梅西百貨表示，更新後的展望反映了修訂後的關税和燃料假設，預計對今年的業績將產生大致中性的影響。該指導意見還提供了靈活性，以應對競爭環境的潛在變化，以及持續的宏觀經濟和地緣政治不確定性。</p>
<h2>華爾街反應平淡</h2>
<p>儘管第一季度表現強勁且展望樂觀，華爾街的反應在報告發布後相對平淡，股價僅上漲 0.4%，收於 21.76 美元。</p>
<p>投資者可能在經歷了過去一年股價的強勁上漲後選擇暫時觀望。由於一系列超出預期的財報增強了對公司轉型戰略的信心，梅西百貨的股價在過去 12 個月內已上漲約 90%。</p>
<h3>梅西百貨（M）2026 年 6 月 5 日的股價圖表</h3>
<p>在 12 月份達到超過 24 美元的 52 周盤中高點後，該股在 2026 年初幾個月回落。隨着梅西百貨發佈超出預期的第四季度業績，3 月份股價似乎恢復了動能，給股價帶來了提振。然而，該公司的展望促使一些分析師下調了他們的目標價。儘管如此，在第一季度發佈前的三個月內，股價上漲了 19%。</p>
<h2>儘管轉型進展，分析師仍保持謹慎</h2>
<p>儘管有跡象表明梅西百貨的轉型戰略正在奏效，華爾街對該股仍持謹慎態度。共識評級為減持，其中包括兩項賣出評級、11 項持有評級和一項買入評級。平均目標價約為 19.90 美元，約低於當前股價的 15%。華爾街上最高的目標價為 27 美元，其餘目標價範圍為 9 美元至 23 美元。</p>
<p>這種謹慎態度可能反映了對梅西百貨能否維持其動能的擔憂，以及圍繞消費者支出和宏觀經濟環境的更廣泛不確定性。</p>
<h2>空頭頭寸上升，部分投資者仍持懷疑態度</h2>
<p>該股的空頭頭寸在過去幾個月也有所上升。截至 5 月 15 日，約 3350 萬股，或 12.8% 的流通股被賣空。這一數字高於 1 月 15 日的約 2110 萬股，或 8.2% 的流通股。</p>
<p>從估值角度來看，梅西百貨相對於更廣泛的零售行業顯得便宜。該股目前的市盈率約為 10 倍，低於零售行業平均的 11.3 倍。在市銷率方面，股價為 0.27 倍，而行業平均為 0.84 倍。</p>
<p>儘管華爾街保持謹慎，梅西百貨最新的季度業績顯然突顯了其轉型努力的持續進展。投資者將密切關注該公司能否在未來幾個季度繼續在此基礎上取得進展。</p>
<h2>你現在應該投資 1000 美元在梅西百貨嗎？</h2>
<p>在考慮投資梅西百貨之前，你需要聽聽這個。</p>
<p>MarketBeat 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。MarketBeat 已識別出五隻股票，頂級分析師正在悄悄地向客户推薦在更廣泛的市場注意到之前立即購買……而梅西百貨並不在名單上。</p>
<p>雖然梅西百貨目前在分析師中被評為減持，但頂級分析師認為這五隻股票更值得投資。</p>
<p>查看這五隻股票的詳細信息。</p>

梅西百貨

<p>梅西百貨報告了強勁的第一季度業績，超出了盈利和收入預期，並上調了全年展望。儘管表現積極且顯示出成功的扭轉策略跡象，華爾街依然保持謹慎，股票反應平淡。分析師維持 “減持” 的共識評級，指出對持續動能和宏觀經濟不確定性的擔憂，同時空頭頭寸有所增加</p>

<p>Macy's Inc. NYSE: M kicked off the first quarter of 2026 with better-than-expected performance across the board, offering further evidence that the retailer's Bold New Chapter turnaround strategy is gaining traction.</p>
<div class="lb-trans"><p>梅西百貨公司（Macy's Inc.）在紐約證券交易所上市，股票代碼為 M，2026 年第一季度的表現超出預期，進一步證明了該零售商的 “大膽新篇章” 轉型戰略正在取得成效。</p>
</div><p>The strong results also prompted the department store chain to raise its full-year outlook. Despite the good news, Wall Street's reaction was muted, with shares closing slightly higher following the report.</p>
<div class="lb-trans"><p>強勁的業績也促使這家百貨連鎖店上調了全年展望。儘管好消息不斷，華爾街的反應卻相對平淡，報告發布後，股價僅小幅上漲。</p>
</div><h2>Q1 Beat Fueled by Strength Across Brands</h2>
<div class="lb-trans"><h2>第一季度業績超預期，品牌表現強勁</h2>
</div><p>Macy's Q1 adjusted earnings came in at 13 cents per share, down from 16 cents a year ago but well ahead of Wall Street expectations of 2 cents per share. Revenue of $4.89 billion increased 1.8% year over year, topping analyst estimates of $4.61 billion.</p>
<div class="lb-trans"><p>梅西百貨第一季度調整後每股收益為 13 美分，低於去年同期的 16 美分，但遠超華爾街預期的每股 2 美分。營收為 48.9 億美元，同比增長 1.8%，超出分析師預期的 46.1 億美元。</p>
</div><p>Growth was broad-based across Macy's portfolio. Performance at Bloomingdale's was particularly strong, with comparable sales (comps) rising 10.2% year over year, marking the best first quarter in the brand's history. Comps at the Macy's nameplate rose 1.6%, though the retailer's reimagined stores, which account for roughly 60% of the store base, saw comps grow 2.4%. At Bluemercury, which sells luxury beauty brands, comps increased 6.4%.</p>
<div class="lb-trans"><p>梅西百貨的各個品牌均表現出色。布魯明戴爾（Bloomingdale's）的表現尤為強勁，同店銷售（comps）同比增長 10.2%，創下該品牌歷史上最佳的第一季度。同店銷售在梅西品牌上增長 1.6%，而重新設計的門店（佔門店總數的約 60%）的同店銷售增長了 2.4%。在銷售奢侈美容品牌的 Bluemercury，同店銷售增長了 6.4%。</p>
</div><p>&#34;In the first quarter, we delivered enterprise-wide growth, better than expected performance across all key metrics, and our best comparable sales in four years with all nameplates and channels positive,&#34; Chief Executive Tony Spring said on the earnings call.</p>
<div class="lb-trans"><p>首席執行官託尼·斯普林（Tony Spring）在財報電話會議上表示：“在第一季度，我們實現了全企業範圍的增長，所有關鍵指標的表現均超出預期，所有品牌和渠道的同店銷售均為四年來最佳。”</p>
</div><p>He added, &#34;These broad-based operational and financial improvements reflect the strength and viability of the Bold New Chapter strategy.&#34;</p>
<div class="lb-trans"><p>他補充道：“這些廣泛的運營和財務改善反映了 ‘大膽新篇章’ 戰略的實力和可行性。”</p>
</div><h2>Macy's Raises Full-Year Outlook</h2>
<div class="lb-trans"><h2>梅西百貨上調全年展望</h2>
</div><p>Macy's issued second-quarter guidance and raised its full-year outlook, citing better-than-expected first-quarter earnings and revenue results, as well as a modest increase in its sales expectations for the remainder of the year.</p>
<div class="lb-trans"><p>梅西百貨發佈了第二季度的指導意見，並上調了全年展望，理由是第一季度的收益和營收結果超出預期，以及對全年銷售預期的適度上調。</p>
</div><p>For the second quarter, the company expects net sales of approximately $4.75 billion to $4.8 billion, with comparable sales ranging from roughly flat to up 1%. Adjusted diluted earnings are expected to be between 29 cents and 34 cents per share.</p>
<div class="lb-trans"><p>對於第二季度，該公司預計淨銷售額約為 47.5 億至 48 億美元，同店銷售預計持平或增長 1%。調整後的稀釋每股收益預計在 29 美分至 34 美分之間。</p>
</div><p>For the full year, Macy's now anticipates net sales of $21.5 billion to $21.75 billion, up from its previous forecast of $21.4 billion to $21.65 billion. Comparable sales are expected to increase 0.5% to 1.2%, compared with prior guidance of down 0.5% to up 0.5%. Adjusted diluted earnings are now projected to be between $2 and $2.20 per share, up from the previous range of $1.90 to $2.10.</p>
<div class="lb-trans"><p>對於全年，梅西百貨現在預計淨銷售額為 215 億至 217.5 億美元，高於之前預測的 214 億至 216.5 億美元。同店銷售預計增長 0.5% 至 1.2%，而之前的指導為下降 0.5% 至增長 0.5%。調整後的稀釋每股收益現在預計在 2 美元至 2.20 美元之間，高於之前的 1.90 美元至 2.10 美元的範圍。</p>
</div><p>Macy's said the updated outlook reflects revised tariff and fuel assumptions, which it expects will have a roughly net-neutral impact on results this year. The guidance also provides flexibility to account for potential changes in the competitive landscape, as well as ongoing macroeconomic and geopolitical uncertainty.</p>
<div class="lb-trans"><p>梅西百貨表示，更新後的展望反映了修訂後的關税和燃料假設，預計對今年的業績將產生大致中性的影響。該指導意見還提供了靈活性，以應對競爭環境的潛在變化，以及持續的宏觀經濟和地緣政治不確定性。</p>
</div><h2>Wall Street Reaction Remains Muted</h2>
<div class="lb-trans"><h2>華爾街反應平淡</h2>
</div><p>Despite the strong quarter and optimistic outlook, Wall Street's reaction was relatively muted following the report, with shares closing up just 0.4% to $21.76.</p>
<div class="lb-trans"><p>儘管第一季度表現強勁且展望樂觀，華爾街的反應在報告發布後相對平淡，股價僅上漲 0.4%，收於 21.76 美元。</p>
</div><p>Investors may be taking a breather after the stock's strong run over the past year. Fueled by a series of better-than-expected earnings reports that have bolstered confidence in the company's turnaround strategy, shares had already gained roughly 90% over the prior 12 months.</p>
<div class="lb-trans"><p>投資者可能在經歷了過去一年股價的強勁上漲後選擇暫時觀望。由於一系列超出預期的財報增強了對公司轉型戰略的信心，梅西百貨的股價在過去 12 個月內已上漲約 90%。</p>
</div><h3>Macy's, Inc. (M) Price Chart for Friday, June, 5, 2026</h3>
<div class="lb-trans"><h3>梅西百貨（M）2026 年 6 月 5 日的股價圖表</h3>
</div><p>After reaching a 52-week intraday high above $24 in December, the stock pulled back during the first few months of 2026. Momentum appeared to return in March after Macy's delivered stronger-than-expected fourth-quarter results, giving shares a boost. However, the company's outlook prompted some analysts to lower their price targets. Still, over the three months leading up to the Q1 release, the stock rose 19%.</p>
<div class="lb-trans"><p>在 12 月份達到超過 24 美元的 52 周盤中高點後，該股在 2026 年初幾個月回落。隨着梅西百貨發佈超出預期的第四季度業績，3 月份股價似乎恢復了動能，給股價帶來了提振。然而，該公司的展望促使一些分析師下調了他們的目標價。儘管如此，在第一季度發佈前的三個月內，股價上漲了 19%。</p>
</div><h2>Analysts Remain Cautious Despite Turnaround Progress</h2>
<div class="lb-trans"><h2>儘管轉型進展，分析師仍保持謹慎</h2>
</div><p>Despite signs that Macy's turnaround strategy is working, Wall Street remains cautious on the stock. The consensus rating is Reduce, with two Sell ratings, 11 Hold ratings, and one Buy rating. The average price target is approximately $19.90, roughly 15% below the current share price. The highest price target on Wall Street is $27, while the remaining targets range from $9 to $23.</p>
<div class="lb-trans"><p>儘管有跡象表明梅西百貨的轉型戰略正在奏效，華爾街對該股仍持謹慎態度。共識評級為減持，其中包括兩項賣出評級、11 項持有評級和一項買入評級。平均目標價約為 19.90 美元，約低於當前股價的 15%。華爾街上最高的目標價為 27 美元，其餘目標價範圍為 9 美元至 23 美元。</p>
</div><p>The cautious stance may reflect concerns about whether Macy's can sustain its momentum, as well as broader uncertainty surrounding consumer spending and the macroeconomic environment.</p>
<div class="lb-trans"><p>這種謹慎態度可能反映了對梅西百貨能否維持其動能的擔憂，以及圍繞消費者支出和宏觀經濟環境的更廣泛不確定性。</p>
</div><h2>Short Interest Climbs as Some Investors Remain Skeptical</h2>
<div class="lb-trans"><h2>空頭頭寸上升，部分投資者仍持懷疑態度</h2>
</div><p>Short interest in the stock has also risen over the last several months. As of May 15, roughly 33.5 million shares, or 12.8% of the float, were sold short. That is up from approximately 21.1 million shares, or 8.2% of the float, on Jan. 15.</p>
<div class="lb-trans"><p>該股的空頭頭寸在過去幾個月也有所上升。截至 5 月 15 日，約 3350 萬股，或 12.8% 的流通股被賣空。這一數字高於 1 月 15 日的約 2110 萬股，或 8.2% 的流通股。</p>
</div><p>From a valuation standpoint, Macy's looks inexpensive relative to the broader retail industry. The stock currently trades at roughly 10X earnings, below the retail industry average of 11.3X. On a price-to-sales basis, shares trade at 0.27X compared with the industry average of 0.84X.</p>
<div class="lb-trans"><p>從估值角度來看，梅西百貨相對於更廣泛的零售行業顯得便宜。該股目前的市盈率約為 10 倍，低於零售行業平均的 11.3 倍。在市銷率方面，股價為 0.27 倍，而行業平均為 0.84 倍。</p>
</div><p>Although Wall Street remains cautious, Macy's latest quarter clearly highlighted continued progress in its turnaround efforts. Investors will be watching closely to see whether the company can continue to build on that progress in the quarters ahead.</p>
<div class="lb-trans"><p>儘管華爾街保持謹慎，梅西百貨最新的季度業績顯然突顯了其轉型努力的持續進展。投資者將密切關注該公司能否在未來幾個季度繼續在此基礎上取得進展。</p>
</div><h2>Should You Invest $1,000 in Macy's Right Now?</h2>
<div class="lb-trans"><h2>你現在應該投資 1000 美元在梅西百貨嗎？</h2>
</div><p>Before you consider Macy's, you'll want to hear this.</p>
<div class="lb-trans"><p>在考慮投資梅西百貨之前，你需要聽聽這個。</p>
</div><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Macy's wasn't on the list.</p>
<div class="lb-trans"><p>MarketBeat 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。MarketBeat 已識別出五隻股票，頂級分析師正在悄悄地向客户推薦在更廣泛的市場注意到之前立即購買……而梅西百貨並不在名單上。</p>
</div><p>While Macy's currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p>
<div class="lb-trans"><p>雖然梅西百貨目前在分析師中被評為減持，但頂級分析師認為這五隻股票更值得投資。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>查看這五隻股票的詳細信息。</p>
</div>

梅西百貨第一季度業績強勁，並上調了未來展望，但華爾街依然保持謹慎態度