Macy's (M) Tops Q4 EPS by 47c; Guides Modeslty Below Views

Macy's (NYSE: M) reported Q4 EPS of $2.45, $0.47 better than the analyst estimate of $1.98. Revenue for the quarter came in at $8.1 billion versus the consensus estimate of $8.08 billion.

The company also said it will close approximately 150 underproductive locations through 2026.

GUIDANCE:

Macy's sees FY2024 EPS of $2.45-$2.85, versus the consensus of $2.76. Macy's sees FY2024 revenue of $22.2-22.9 billion, versus the consensus of $22.96 billion.

For earnings history and earnings-related data on Macy's (M) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Silexion Therapeutics (SLXN) Tops Q2 EPS by 793c
• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance