Macy’s, Inc. Reports First Quarter 2022 Results and Raises Earnings Guidance

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Macy's (M) Tops Q1 EPS by 26c, Guidance Tops Views

May 26, 2022 6:56 AM EDT

Macy's (NYSE: M) reported Q1 EPS of $1.08, $0.26 better than the analyst estimate of $0.82. Revenue for the quarter came in at $5.35 billion versus the consensus estimate of $5.33 billion.

GUIDANCE:

Macy's sees Q2 2022 EPS of $4.53-$4.95, versus the consensus of $4.34. Macy's sees Q2 2022... More