Macy's (M) Tops Q3 EPS by 5c, Offers FY25 Guidance

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Macy’s, Inc. Reports Third Quarter 2024 Results

December 11, 2024 6:55 AM EST

NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported financial results for the third quarter of 2024 that are consistent with its previously announced preliminary results, and also updated its annual guidance. These financial results and outlook reflect revisions to properly reflect previously misstated delivery expense, the related accrual and tax effects.

Third Quarter Highlights

The company confirms no material impact or restatements to previously filed financial statements following completion of delivery expense related investigation. GAAP diluted earnings per share of $0.10; Adjusted diluted earnings per share... More