Macy's Inc. (M)
Compared to Estimates, Macy's (M) Q1 Earnings: A Look at Key Metrics
The headline numbers for Macy's (M) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Macy's Stock Rises as Q1 Results Fall Less Than Expected
Shares of the iconic retailer Macy's (M) rose in intraday trading Tuesday after the release of a first-quarter earnings report that indicated the company's turnaround plan including store closures and cutting jobs is proving to be beneficial so far.
Macy's is ‘off to a good start' despite quarterly sales decline – analyst says
Macy's Inc (NYSE: M) had an “encouraging quarter” even though its sales declined another 2.7% on a year-over-year basis, says Bob Drbul – a Guggenheim Securities analyst.
Macy's Stock Pops After Beat-and-Raise
Retail concern Macy's Inc (NYSE:M) stepped into the earnings confessional this morning, where it reported better-then-expected first-quarter earnings and raised its full-year guidance.
Macy's (M) Surpasses Q1 Earnings and Revenue Estimates
Macy's (M) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.56 per share a year ago.
Macy's stock climbs after results beat expectations and full-year outlook was raised
Shares of Macy's Inc. M rallied 2.4% in premarket trading Tuesday, after the department store chain reported fiscal first-quarter results that beat expectations and nudged up its full-year outlook. Net income for the quarter to May 4 declined to $62 million, or 22 cents a share, from $155 million, or 56 cents a share, in the same period a year ago.
Macy's posts bigger-than-expected quarterly sales drop on sluggish demand
Macy's posted a bigger-than-expected drop in first-quarter sales on Tuesday, hobbled by stiff competition from off-price retailers for shoppers increasingly cautious about spending on products such as apparel and footwear.
Macy's beats earnings estimates, as turnaround plan shows early progress
Macy's beat earnings estimates as the department store operator moves to close about 150 namesake locations and open new Bloomingdale's and Bluemercury stores.
Curious about Macy's (M) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Macy's (M), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2024.
