Macy’s, Inc. Reports Fourth Quarter and Fiscal 2019 Earnings and Reiterates 2020 Guidance

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Macy's (M) Tops Q4 EPS by 16c, Reiterates 2020 Guidance

February 25, 2020 6:56 AM EST

Macy's (NYSE: M) reported Q4 EPS of $2.12, $0.16 better than the analyst estimate of $1.96. Revenue for the quarter came in at $8.34 billion versus the consensus estimate of $8.32 billion.

Annual comparable sales of (0.8)% on an owned basis; (0.7)% on an owned plus licensed basis. Fourth quarter... More