Macy's (M) Tops Q4 EPS by 20c, Offers Guidance

Macy's (NYSE: M) reported Q4 EPS of $2.73, $0.20 better than the analyst estimate of $2.53. Revenue for the quarter came in at $8.46 billion versus the consensus estimate of $8.45 billion.

Comps on owned plus licensed up 0.7%

GUIDANCE:

Macy's sees FY2019 EPS of $3.05-$3.25, versus the consensus of $3.30.

• Comparable sales (owned plus licensed) Flat to up 1%

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

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