Macy's (M) Tops Q1 EPS by 80c, Raises FY Guidance
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Macy’s, Inc. Reports First Quarter 2021 Results
May 18, 2021 6:55 AM EDTPerformance exceeded expectations on both the top and bottom lines
Comparable sales up 62.5% vs. 2020 on an owned basis; up 63.9% vs. 2020 on an owned plus licensed basis
Diluted EPS of $0.32 and Adjusted diluted EPS of $0.39
Company continues momentum as a digitally led omnichannel retailer with digital sales growth of 34% vs. 2020
Raises full-year guidance, bolstered by improved macroeconomic trends and strength of Polaris strategy execution
NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE:... More
