Macy’s, Inc. Reports First Quarter 2020 Results

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Macy's (M) Tops Q1 EPS by 54c, Revenues Miss

July 1, 2020 6:56 AM EDT

Macy's (NYSE: M) reported Q1 EPS of ($2.03), $0.54 better than the analyst estimate of ($2.57). Revenue for the quarter came in at $3.02 billion versus the consensus estimate of $3.68 billion.

The first quarter of 2020 was challenging for the country, the industry and Macys, Inc. While... More