Macy's (M) Tops Q1 EPS by 11c, Comps Increase 0.6%, Offers FY Guidance

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Go back to Macy's (M) Tops Q1 EPS by 11c, Comps Increase 0.6%, Offers FY Guidance

Macy’s, Inc. Reports First Quarter 2019 Earnings

May 15, 2019 8:00 AM EDT

Comparable sales growth of 0.6% on an owned basis; 0.7% on an owned plus licensed basis EPS and adjusted EPS of $0.44 2019 strategic initiatives on track to deliver sales growth Company reaffirms annual 2019 sales and earnings guidance

CINCINNATI--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported results for the first quarter 2019 and reaffirmed annual sales and earnings guidance for fiscal 2019.

Financial Highlights

First Quarter (in millions) 2019 2018 Net sales $ 5,504 $ 5,541 Comparable sales... More