(1) Represents the period-to-period percentage change in net sales from stores in operation throughout the year presented and the immediately preceding year and all online sales, excluding commissions from departments licensed to third parties. Stores impacted by a natural disaster or undergoing significant expansion or shrinkage remain in the comparable sales calculation unless the store, or a material portion of the store, is closed for a significant period of time. No stores have been excluded as a result of the COVID-19 pandemic. Definitions and calculations of comparable sales may differ among companies in the retail industry.

(2) Represents the impact of including the sales of departments licensed to third parties occurring in stores in operation throughout the year presented and the immediately preceding year and all online sales in the calculation of comparable sales. The company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP (i.e., on an owned basis). The impact of changes in comparable sales of departments to third parties amount to 1.4%, 1.0%, (1.6%) and (0.5%) for the 1st, 2nd, 3rd and 4th quarters of 2021, respectively, and (0.1%) for fiscal 2021. The amounts of commissions earned on sales of departments licensed to third parties are not material to its net sales for the periods presented.

(1) Represents the period-to-period percentage change in net sales from stores in operation throughout the year presented and the immediately preceding year and all online sales, excluding commissions from departments licensed to third parties. Stores impacted by a natural disaster or undergoing significant expansion or shrinkage remain in the comparable sales calculation unless the store, or a material portion of the store, is closed for a significant period of time. No stores have been excluded as a result of the COVID-19 pandemic. Definitions and calculations of comparable sales may differ among companies in the retail industry.

(2) Represents the impact of including the sales of departments licensed to third parties occurring in stores in operation throughout the year presented and the immediately preceding year and all online sales in the calculation of comparable sales. The company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP (i.e., on an owned basis). The impact of changes in comparable sales of departments licensed to third parties amounted to (0.1%), (0.4%), 0.8% and (0.1%) for the 1st, 2nd, 3rd and 4th quarters of 2020, respectively and 0.0% for fiscal 2020. The amounts of commissions earned on sales of departments licensed to third parties are not material to its net sales for the periods presented.

(1) Represents the period-to-period percentage change in net sales from stores in operation throughout the year presented and the immediately preceding year and all online sales, excluding commissions from departments licensed to third parties. Stores impacted by a natural disaster or undergoing significant expansion or shrinkage remain in the comparable sales calculation unless the store, or a material portion of the store, is closed for a significant period of time. Definitions and calculations of comparable sales may differ among companies in the retail industry.

(2) Represents the impact of including the sales of departments licensed to third parties occurring in stores in operation throughout the year presented and the immediately preceding year and all online sales in the calculation of comparable sales. The company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP (i.e., on an owned basis). The impact of changes in comparable sales of departments licensed to third parties amounted to 0.1% for the 1st, 2nd and 4th quarters of 2019, 0.4% for the 3rd quarter of 2019 and 0.1% for fiscal 2019. The amounts of commissions earned on sales of departments licensed to third parties are not material to its net sales for the periods presented.

Note: Quarterly totals may not sum to year-to-date results due to quarterly rounding conventions.

(1) Represents the period-to-period percentage change in net sales from stores in operation throughout the year presented and the immediately preceding year and all online sales, excluding commissions from departments licensed to third parties. Stores impacted by a natural disaster or undergoing significant expansion or shrinkage remain in the comparable sales calculation unless the store, or a material portion of the store, is closed for a significant period of time. Definitions and calculations of comparable sales differ among companies in the retail industry.

(2) Represents the impact of including the sales of departments licensed to third parties occurring in stores in operation throughout the year presented and the immediately preceding year and all online sales in the calculation of comparable sales. The company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP (i.e., on an owned basis). The impact of growth in comparable sales of departments licensed to third parties amounted to 0.3%, 0.5%, 0.2%, and 0.3% for the 1st, 2nd, 3rd, and 4th quarters of 2018, respectively, and 0.3% for fiscal 2018. The amounts of commissions earned on sales of departments licensed to third parties are not material to its net sales for the periods presented.

Note: Quarterly totals may not sum to year-to-date results due to quarterly rounding conventions. The above amounts do not reflect the company’s adoption of Accounting Standards Update 2014-09, Revenue from Contracts with Customers, on February 4, 2018.

(1) Represents the period-to-period percentage change in net sales from stores in operation throughout the year presented and the immediately preceding year and all online sales adjusting for the 53rd week in fiscal 2017, excluding commissions from departments licensed to third parties. Stores impacted by a natural disaster or undergoing significant expansion or shrinkage remain in the comparable sales calculation unless the store is closed for a significant period of time. Definitions and calculations of comparable sales differ among companies in the retail industry.

(2) Represents the impact of including the sales of departments licensed to third parties occurring in stores in operation throughout the year presented and the immediately preceding year and all online sales adjusting for the 53rd week in fiscal 2017, in the calculation of comparable sales. The company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP (i.e., on an owned basis). The impact of growth in comparable sales of departments licensed to third parties amounted to 0.6%, 0.3%, 0.4%, and 0.1% for the 1st, 2nd, 3rd, and 4th quarters of 2017, respectively, and 0.3% for fiscal 2017. The amounts of commissions earned on sales of departments licensed to third parties are not material to its net sales for the periods presented.

Note: The above amounts do not reflect the company’s adoption of Accounting Standards Update 2014-09, Revenue from Contracts with Customers, on February 4, 2018. 

(1) Represents the period-to-period change in net sales from stores in operation throughout 2016 and 2015 and all online sales of macys.com and bloomingdales.com, excluding commissions from departments licensed to third parties.

(2) Represents comparable sales growth including the impact of growth in sales of departments licensed to third parties occurring in stores in operation throughout 2016 and 2015 and all online sales of macys.com and bloomingdales.com. The Company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the Company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The Company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP. The impact of growth in comparable sales of departments licensed to third parties amounted to 0.5%, 0.6%, 0.6% and 0.6% for the 1st, 2nd, 3rd and 4th quarters of 2016, respectively, and 0.6% for fiscal 2016. The Company believes that the amounts of commissions earned on sales of departments licensed to third parties are not material to its results of operations for the periods presented.

Note: The above amounts do not reflect the company’s adoption of Accounting Standards Update 2014-09, Revenue from Contracts with Customers, on February 4, 2018. 

(1) Represents the period-to-period change in net sales from stores in operation throughout 2015 and 2014 and all online sales, excluding commissions from departments licensed to third parties.

(2) Represents comparable sales growth including the impact of growth in sales of departments licensed to third parties occurring in stores in operation throughout 2015 and 2014 and via the Internet. The Company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the Company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The Company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP. The impact of growth in comparable sales of departments licensed to third parties amounted to 0.6%, 0.6%, 0.3% and 0.5% for the 1st, 2nd, 3rd, and 4th quarters of 2015, respectively, and 0.5% for fiscal 2015. The Company believes that the amounts of commissions earned on sales of departments licensed to third parties are not material to its results of operations for the periods presented.

Note: The above amounts do not reflect the company’s adoption of Accounting Standards Update 2014-09, Revenue from Contracts with Customers, on February 4, 2018. 

(1) Represents the period-to-period change in net sales from stores in operation throughout 2014 and 2013 and all online sales, excluding commissions from departments licensed to third parties.

(2) Represents comparable sales growth including the impact of growth in sales of departments licensed to third parties occurring in stores in operation throughout 2014 and 2013 and via the Internet. The Company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the Company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The Company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP. The impact of growth in comparable sales of departments licensed to third parties amounted to 0.8%, 0.6%, 0.7%, and 0.5% for the 1st, 2nd, 3rd and 4th quarters of 2014, respectively, and 0.7% for fiscal 2014.