Macy`s Inc

NYSE:M   4:00:00 PM EDT
23.65
+0.23 (+0.98%)
: $23.45 -0.20 (-0.85%)
Positive Earnings Pre-Announcement

Macy’S, Inc. Reports Third Quarter 2022 Results

Published: 11/17/2022 12:13 GMT
Macy`s Inc (M) - Macy’s, Inc. Reports Third Quarter 2022 Results.
Q3 Adjusted Earnings per Share $0.52.
Q3 Earnings per Share $0.39.
Reaffirms Annual Sales Guidance and Raises Adjusted Diluted EPS Guidance.
Qtrly Comparable Sales Down 3.1% on an Owned Basis and Down 2.7% on an Owned-plus-licensed Basis.
Qtrly Net Sales of $5.2 Billion, Down 3.9%.
Qtrly Digital Sales Decreased 9% Versus Q3 of 2021.
Sees 2022 Adjusted Diluted Earnings per Share $4.07 - $4.27.
Q3 Earnings per Share View $0.19, Revenue View $5.20 Billion -- Refinitiv Ibes Data (analyst estimates).
FY Earnings per Share View $4.10, Revenue View $24.48 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $8.32 Billion
Adjusted EPS is expected to be $1.63

Next Quarter Revenue Guidance is expected to be $5.21 Billion
Next Quarter EPS Guidance is expected to be $0.76

More details on our Analysts Page.