Macy's (M) Tops Q1 EPS by 11c, Misses on Revenue; Offers FY25 Guidance
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Macy’s, Inc. Reports First Quarter 2024 Results
May 21, 2024 6:55 AM EDTA Bold New Chapter gains traction
Macys First 50 locations achieved comparable owned sales of 3.3% and owned-plus-licensed sales of 3.4%
First quarter 2024 earnings exceeded outlook
Diluted EPS of $0.22 and Adjusted Diluted EPS of $0.27
NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported financial results for the first quarter of 2024 and updated its annual guidance.
We are encouraged by our customers response to our Bold New Chapter strategy resulting in sales near the high end of our outlook.... More
