Macy’s (M) Tops Q4 Views; Comps Down 7%; Reaffirms Outlook

Macy’s, Inc. (NYSE: M) reports Q4 EPS of $1.06, ex-items, 5 cents better than the analyst estimate of $1.01. Revenues for the quarter were $7.934 billion, versus the consensus of $7.92 billion.

Same store sales fell 7%.

Reaffirms outlook.

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