Macy's (M) Tops Q4 EPS by 20c, Offers Guidance
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Macy’s, Inc. Reports Fourth Quarter and Fiscal Year 2018 Earnings and Provides 2019 Guidance
February 26, 2019 8:00 AM ESTAnnual comparable sales growth of 1.7% on an owned basis; 2.0% on an owned plus licensed basis Annual EPS of $3.56; annual adjusted EPS of $4.18 Strategic initiatives gain traction and position company for continued comparable sales growth Company launches multi-year productivity program to fund reinvestment in the business; streamlines management structure
CINCINNATI--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported results for the fourth quarter and fiscal 2018 and provided annual sales and earnings guidance for fiscal 2019.
Financial Highlights
Fourth Quarter Full Year (in millions) 2018 2017 2018 2017 Net sales*... More