Macy’s, Inc. Reports Second Quarter 2020 Results

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Macy's (M) Tops Q2 EPS by 96c, Revenue Beats

September 2, 2020 6:57 AM EDT

Macy's (NYSE: M) reported Q2 EPS of ($0.81), $0.96 better than the analyst estimate of ($1.77). Revenue for the quarter came in at $3.56 billion versus the consensus estimate of $3.47 billion.

Comparable sales were down 34.7% on an owned basis and down 35.1% on an owned plus... More