Macy’s, Inc. Reports Second Quarter 2023 Results

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Macy's (M) Tops Q2 EPS by 12c, Maintains Guidance

August 22, 2023 6:57 AM EDT

Macy's (NYSE: M) reported Q2 EPS of $0.26, $0.12 better than the analyst estimate of $0.14. Revenue for the quarter came in at $5.13 billion versus the consensus estimate of $5.07 billion.

GUIDANCE:

Macy's sees FY2023 EPS of $2.70-$3.20, versus the consensus of $2.89. Macy's sees FY2024... More