Macy's (M) Misses Q2 EPS by 6c, Comments on H2 Outlook

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Go back to Macy's (M) Misses Q2 EPS by 6c, Comments on H2 Outlook

Key Takeaways from Macy's (M) Q2 Results - Stifel

August 13, 2014 10:06 AM EDT

Stifel maintains Macy's (NYSE: M) at Buy following Q2 results.

Analyst Richard Jaffe highlighted the following key takeaways from the quarter:Despite Sales Shortfall, EPS Guidance Reiterated Management indicated that trends improved at both Macys and Bloomingdales in the 2Q, reflecting a rebound in shopping activity once the weather turned seasonable. In addition, the company reiterated its 2014 EPS guidance in the range of... More