Macy's (M) Reports In-Line Q1 EPS of $0.02; Reaffirms

May 14, 2008 8:03 AM EDT

Macy's, Inc. (NYSE: M) reports Q1 EPW of $0.02, ex-items, versus the consensus of a $0.02 loss. Revenues came in at $5.75 billion, versus the consensus of $5.63 billion.

Reaffirms full year forecast of $1.85-$2.15, versus the consensus of $1.90.

Macy's, Inc., through its subsidiaries, operates department stores in the United States. Its retail stores sell a range of merchandise, including men's, women's, and children's apparel; and accessories, cosmetics, home furnishings, and other consumer goods.


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