Macy's (M) Tops Q2 EPS by 14c, Beats on Revenue, Offers FY22 Guidance
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Macy’s, Inc. Reports Second Quarter 2022 Results and Updates Guidance
August 23, 2022 6:55 AM EDTQuarterly net sales and earnings exceeded expectations
Comparable sales down 1.5% on an owned basis and down 1.6% on an owned-plus-licensed basis
Diluted EPS of $0.99 and Adjusted diluted EPS of $1.00
Lowers full-year sales and EPS guidance to incorporate risks related to increased macroeconomic pressures
NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported financial results for the second quarter of 2022 and updated its annual guidance.
During the second quarter,... More
