Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Macy's    M

MACY'S

(M)
  Report  
Delayed Quote. Delayed Nyse - 05/24 04:03:37 pm
21.01 USD   -1.22%
05/24U.S. companies warn Trump's tariffs could hit results
RE
05/23Target Scores With Remodeling -- WSJ
DJ
05/22Target Posts Higher Comparable Sales
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Macy's : Same-Store Sales Rise, Affirms Full-Year Outlook

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/15/2019 | 08:53am EDT

By Aisha Al-Muslim

Macy's Inc. posted stronger-than-expected sales growth in the latest period as the retailer said it benefited from more customers making purchases through digital channels.

Sales at stores open at least a year grew 0.6% for the period ended May 4, above the FactSet estimate of a 0.6% decrease. Including licensed departments, same-store sales rose 0.7%.

Overall, the Cincinnati-based company reported Wednesday net sales for the first quarter fell less than 1% to $5.5 billion.

The company posted a profit of $136 million, or 44 cents a share, down from $139 million, or 45 cents a share, a year earlier. Excluding impairment and other costs, adjusted earnings were 44 cents a share, higher than the 33 cents a share that analysts polled by FactSet were looking for.

Macy's also affirmed its sales and earnings guidance for the current fiscal year. The company expects net sales to be roughly flat from the last fiscal year, with comparable sales to be flat to up 1%. Excluding settlement charges, impairment and other costs, the company forecasts adjusted earnings per share of $3.05 to $3.25.

The stock rose more than 4% to $22.74 in premarket trading. Shares are down 27% in the last year.

Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com

This article is part of a news chaine.
Article 2 / 2
<< Preceding Next >>
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MACY'S
05/24U.S. companies warn Trump's tariffs could hit results
RE
05/23Target Scores With Remodeling -- WSJ
DJ
05/23Resolute Zhejiang enterprises brace for the long road ahead
AQ
05/22Target Posts Higher Comparable Sales
DJ
05/22Targets Posts Higher Comparable Sales
DJ
05/21MACY'S, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/21MACY'S : Celebrates Pride + Joy With the LGBTQ+ Community for WorldPride 2019 an..
BU
05/21Kohl's chops profit forecast after dismal first quarter, shares slump
RE
05/21EXPLAINER : Who pays Trump's tariffs, China or U.S. customers and companies?
RE
05/21Department stores troubles rise on Penney's, Kohl's results
AQ
More news
Financials ($)
Sales 2020 24 911 M
EBIT 2020 1 431 M
Net income 2020 987 M
Debt 2020 3 718 M
Yield 2020 7,18%
P/E ratio 2020 6,61
P/E ratio 2021 6,79
EV / Sales 2020 0,41x
EV / Sales 2021 0,40x
Capitalization 6 477 M
Chart MACY'S
Duration : Period :
Macy's Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MACY'S
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 23,8 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Jeffrey Gennette Chairman & Chief Executive Officer
Harry A. Lawton President
Robert B. Harrison Chief Operations Officer
Paula A. Price Chief Financial Officer
Naveen Krishna Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
MACY'S-29.45%6 477
S.A.C.I. FALABELLA--.--%16 027
KOHL'S CORPORATION-22.90%8 341
CANADIAN TIRE CORPORATION LIMITED-2.90%6 588
LOJAS AMERICANAS SA-23.35%5 633
NORDSTROM-27.46%5 191