Macy’s, Inc. Reports Second Quarter 2021 Results, Raises Guidance and Announces Plan to Return Capital to Shareholders
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Macy's (M) Extends Gain, Up 15%
August 19, 2021 10:17 AM EDTMacy's (NYSE: M) Extends Gain, Up 15%
Macy's (M) Reinstates $0.15 Quarterly Dividend; Approves $500M Buyback Plan
August 19, 2021 6:59 AM EDTMacy's (NYSE: M) reinstated a quarterly dividend of $0.15 per share, or $0.6 annualized.
The dividend will be payable on October 1, 2021, to stockholders of record on September 15, 2021, with an ex-dividend date of September 14, 2021.
The annual yield on the dividend is 3.3 percent.
The... More
Macy's (M) Tops Q2 EPS by $1.16, Guidance Beats
August 19, 2021 6:57 AM EDTMacy's (NYSE: M) reported Q2 EPS of $1.29, $1.16 better than the analyst estimate of $0.13. Revenue for the quarter came in at $5.65 billion versus the consensus estimate of $4.96 billion.
Comparable sales up 61.2% on an owned basis and up 62.2% on an owned-plus-licensed basis versus 2020; up 5.8% and up 5.9%,... More
