Macy (M) Q3 Comps 'Impressive', GM Indicates Tough Environment - Wells Fargo

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Macy's (M) Tops Q3 EPS by 8c; Comps Outpace Expectations

November 13, 2013 8:01 AM EST

Macy's (NYSE: M) reported Q3 EPS of $0.47, $0.08 better than the analyst estimate of $0.39. Revenue for the quarter came in at $6.28 billion versus the consensus estimate of $6.19 billion.

Comparable sales rose by 3.5 percent, versus consensus views of a 1.9 percent gain.

The company reiterated... More