Macy's (M) Lowers FY EPS Guidance to $2.70-$3.20 from Prior Guidance of $3.67-$4.11
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St set for higher open as investors weigh Mideast negotiations
- Oil falls after US-Iran talks signal easing supply risks
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Macy’s, Inc. Reports First Quarter 2023 Results
June 1, 2023 6:55 AM EDTNet sales of $5 billion a decline of 7% year-over-year; merchandise inventories down 7%
Diluted EPS of $0.56 and Adjusted Diluted EPS of $0.56
$200 million of incremental cost savings expected to be realized in fiscal 2023
Adjusts full-year sales and earnings guidance
NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported financial results for the first quarter of 2023 and updated its annual guidance.
During the first quarter, we delivered a solid beat on our gross margin rate and bottom line... More
