Macy's (NYSE: M) reported Q3 EPS of $0.27, $0.13 better than the analyst estimate of $0.14. Revenue for the quarter came in at $5.4 billion versus the consensus estimate of $5.4 billion.

Comparable sales growth of 3.1% on an owned basis; 3.3% on an owned plus licensed basis

GUIDANCE:

Macy's sees FY2018 EPS of $4.10-$4.30, versus the consensus of $4.07.

Macy's, Inc. is updating its guidance for fiscal 2018.

			Revised Annual Guidance			Previous Annual Guidance
Comparable sales (owned plus licensed)			+2.3% to +2.5%			+2.1% to +2.5%
Comparable sales (owned)			20-30 basis points below comparable sales on an owned plus licensed basis			20-30 basis points below comparable sales on an owned plus licensed basis
Net sales			+0.3% to +0.7%			Flat to +0.7%
Diluted EPS excluding settlement charges, impairment and other costs			$4.10 to $4.30			$3.95 to $4.15

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