Macy's (M) Comps Sunk 9.1% in April; Guides Q1, FY09
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Price: $22.08 +7.71%
Financial Fact:
Selling, general and administrative expenses: -2.07B
Today's EPS Names:
ANAB, ANIX, MNY, More
Financial Fact:
Selling, general and administrative expenses: -2.07B
Today's EPS Names:
ANAB, ANIX, MNY, More
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Macy's, Inc. (NYSE: M) reports total sales for the month of April were $1.692 billion, down 9.4% from the same period last year. Same store sales fell 9.1%.
Sees Q1 adj-loss of $0.19-$0.21, versus the consensus of ($0.27). For FY09, Macy's believes it is prudent to maintain its yearly outlook of $0.40-$0.55.
Sees Q1 adj-loss of $0.19-$0.21, versus the consensus of ($0.27). For FY09, Macy's believes it is prudent to maintain its yearly outlook of $0.40-$0.55.
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