Bloomingdale’s reported 4.8% growth in Q4

What: Bloomingdale’s owned comparable sales grew 4.8%, with total owned, licensed, marketplace sales increasing 6.5%, marking its best Q4 growth performance. Full Year net sales increased 1.0%, with owned comparable sales up 1.7% and total owned, licensed, marketplace sales up 2.5%.

Why it is important: Bloomingdale’s outperformed Macy’s overall, demonstrating resilience in luxury retail, which continues to see demand despite broader economic pressures.

Consistent growth in both owned and licensed revenue streams highlights the success of the luxury positioning within Macy’s Inc.’s portfolio.