Macy’s, Inc. Reports Second Quarter 2022 Results and Updates Guidance

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Macy's (M) Tops Q2 EPS by 14c, Beats on Revenue, Offers FY22 Guidance

August 23, 2022 6:56 AM EDT

Macy's (NYSE: M) reported Q2 EPS of $1.00, $0.14 better than the analyst estimate of $0.86. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.5 billion.

GUIDANCE:

Macy's sees FY2022 EPS of $4.00-$4.20, versus the consensus of $4.51. Macy's sees FY2022... More