Macy's (M) Tops Q3 EPS by 13c, Comps Increase 3.1%
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Macy’s, Inc. Reports Third Quarter 2018 Earnings
November 14, 2018 8:00 AM ESTComparable sales growth of 3.1% on an owned basis; 3.3% on an owned plus licensed basis Higher sales and earnings driven by strong digital, continued improvement from brick & mortar and execution of the North Star Strategy Company updates annual guidance, including 15 cent increase in earnings per share Strategic initiatives put company on track to deliver strong holiday season and fourth quarter
CINCINNATI--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported results for the third quarter of 2018 and provided updated annual sales and earnings guidance for fiscal 2018.
Financial Highlights
Third Quarter Year to Date (in millions) 2018 2017... More