Picture of Macy's logo

M — Macy's News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapSuper Stock

Brief: Macy’s Expects FY Adj EPS $2.15 - $2.35

BRIEF-Macy’s Expects FY Adj EPS $2.15 - $2.35

- Macy's Inc M.N:

  • MACY’S Q2 NET SALES $4.87 BILLION VERSUS IBES ESTIMATE $4.83 BILLION

  • MACY’S Q2 COMPARABLE SALES UP 2.7%

  • MACY’S OUTLOOK FY ADJUSTED EPS $2.15 - $2.35

  • MACY’S OUTLOOK FY COMPARABLE SALES CHANGE UP 1.0% - 1.5%

  • MACY’S Q2 ADJUSTED EPS $0.63, INCLUDING $0.23 NET TARIFF REFUND BENEFIT

  • MACY’S OUTLOOK FY NET SALES $21.675 BILLION - $21.825 BILLION

  • Q2 EARNINGS PER SHARE VIEW $0.37 -- LSEG IBES DATA

  • FY EARNINGS PER SHARE VIEW $2.25, REVENUE VIEW $21.91 BILLION -- LSEG IBES DATA

  • MACY’S: FY OUTLOOK INCLUDES REINVESTMENTS OF MAJORITY OF TARIFF REFUNDS WITH ABOUT $0.05PER SHARE FLOWING THROUGH TO FY ADJUSTED EPS

  • MACY’S: RECEIVED ALL EXPECTED IEEPA TARIFF REFUNDS INCLUDING $98 MILLION IN Q2 & $18 MILLION FOLLOWING QUARTER END, FOR TOTAL $116 MILLION

Further company coverage: M.N


((Reuters.Briefs@thomsonreuters.com;))

Recent news on Macy's

See all news