Macy's (M) Misses Q2 EPS by 17c, Lowers FY EPS Guidance

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Go back to Macy's (M) Misses Q2 EPS by 17c, Lowers FY EPS Guidance

Macy’s, Inc. Reports Second Quarter 2019 Earnings

August 14, 2019 8:00 AM EDT

Comparable sales growth of 0.2% on an owned basis; 0.3% on an owned plus licensed basis Diluted EPS and Adjusted Diluted EPS of $0.28 Strategic initiatives on track to continue delivering sales growth in the back half of the year Fall inventory in line with anticipated customer demand Company reaffirmed annual sales guidance and lowered EPS guidance

CINCINNATI--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported results for the second quarter 2019. The company reaffirmed its annual sales guidance and lowered its EPS guidance for fiscal 2019.

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