Macys (M) Misses Q2 EPS by 7c; Trims FY13 EPS, Comps Outlook

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Go back to Macys (M) Misses Q2 EPS by 7c; Trims FY13 EPS, Comps Outlook

Macy's (M) Q2 Result Do Not Bode Well for Kohl's (KSS) & Others

August 14, 2013 10:21 AM EDT

On Wednesday, Macy's (NYSE: M) reported Q2 EPS of $0.72, $0.07 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $6.07 billion versus the consensus estimate of $6.28 billion. On a comparable basis, Macy's second quarter sales were down 0.8 percent in 2013. The... More