Macy's (M) Reinstates $0.15 Quarterly Dividend; Approves $500M Buyback Plan

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Macy's (M) Tops Q2 EPS by $1.16, Guidance Beats

August 19, 2021 6:57 AM EDT

Macy'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