Macerich Q1 Earnings Call Highlights
Key takeaways
- Macerich Q1 Earnings Call Highlights Market Beat Mon, May 11, 2026 at 7:04 PM GMT+7 8 min read MAC Macerich logo Key Points Interested in Macerich Company (The)?
- The company reported improving operating trends, including FFO as adjusted of $0.34 per diluted share, sales per square foot of $941 and a 3.9% rise in comparable inline sales.
- Macerich is leaning into its Class A mall strategy and expansion plans, highlighted by the $260 million acquisition of Annapolis Mall and continued redevelopment of high-end centers like Scottsdale Fashion Square.
Macerich Q1 Earnings Call Highlights Market Beat Mon, May 11, 2026 at 7:04 PM GMT+7 8 min read MAC Macerich logo Key Points Interested in Macerich Company (The)? Here are five stocks we like better.
Leasing momentum remained strong in Q1, with Macerich signing 1.6 million square feet of new and renewal leases and saying it is now 83% complete on its leasing “speedometer.” Management said it expects to substantially finish its 1,000-unit leasing target by year-end.
The company reported improving operating trends, including FFO as adjusted of $0.34 per diluted share, sales per square foot of $941 and a 3.9% rise in comparable inline sales. Macerich also said go-forward portfolio NOI grew 1.2% and remains on track for at least 3% full-year NOI growth in 2026.