About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

(Photo by Chris Hondros/Newsmakers)Getty ImagesAn embolden Tony Spring, Chairman and CEO of Macy’s, clearly defined the future by indicating that he was encouraged by the consumer’s response to Macy’s bold New Chapter strategy. In the first quarter it resulted in results near the high-end of expectation.“Our team executed with discipline and efficiency” said Tony Spring “It contributed to first quarter earnings that exceeded our expectations. At the Macy’s nameplate go-forward business performance was led ...

Macy's (M) reported $4.85 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 2.7%. EPS of $0.27 for the same period compares to $0.56 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.84 billion, representing a surprise of +0.21%. The company delivered an EPS surprise of +50.00%, with the consensus EPS estimate being $0.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...

Key TakeawaysMacy's shares rose Tuesday as the retailer reported first-quarter results that declined from last year's levels, but not as much as analysts had expected.In the quarter, Macy's ended a proxy battle by appointing two new board members, and also announced a restructuring plan to close 150 locations as it looks to return to higher levels of profitability.The retailer also updated its guidance for the full fiscal year, lifting the bottom levels of the projected ranges for revenue and comparable sal ...

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. The department store chain said its turnaround plan was the key catalyst for its beat-and-raise.In response, M was last seen up 3.8% at $19.79. The equity is bouncing back above its contentious 60-day moving average, but the $20 mark continues to keep a lid on potential breakouts. Today's gains are also helping Macy's stock c ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this department store operator would post earnings of $2.02 per share when it actually produced earnings of $2.45, delivering a surprise of 21.29%.Over the last four quarters, the compa ...

业绩总结 - Macy's公司在1Q24实现了+3.4%的可比销售增长[9] - 在1Q24，Macy's公司的净销售同比下降了2.7%[25] - Macy's公司的净销售同比增长了0.5%[28] - Bluemercury连续13个季度实现可比销售增长，主要受益于护肤品的强劲表现[20] - Macy's公司的总收入为5000万美元，同比下降了3.3%[30] - Macy's公司的调整后EBITDA同比下降了22.2%[30] - Macy's公司的自由现金流为负96百万美元，用于支付股息[32] 未来展望 - Macy's公司预计FY24净销售将与FY23持平至增长1.5%[34] - Macy's公司预计FY24的调整后EBITDA率为7.3%[34] - 2024年第二季度公司预计净销售额在49.7亿美元到51亿美元之间，较去年同期增长至少170个基点[36] - 2025年及以后，公司目标实现低个位数到中个位数的年度可比销售增长[38] 用户数据 - 2024年第一季度数字访问量为476百万，同比增长2.3%[44] - 2024年第一季度信用卡收入净额为117美元，同比下降27.8%[48] 负面信息 - 2024年第一季度毛利率为39.2%，较去年同期下降80个基点[49] - 2024年第一季度调整后每股收益为0.27美元，较去年同期下降51.8%[52] 其他新策略和有价值的信息 - 2024年全年预计净销售额为223亿美元至229亿美元，较去年同期下降1.0%至增长1.5%[55] - 2024年全年预计其他收入为154美元，较去年同期下降19.4%[55] - 2024年全年预计调整后每股收益为2.55美元至2.90美元[55]

财务业绩 - 第一季度每股摊薄收益为0.22美元，调整后每股摊薄收益为0.27美元[3] - 公司本季度净收入为6200万美元，每股摊薄收益为0.22美元[31] - 剔除特殊项目影响后,本季度调整后净收入为7700万美元,每股摊薄收益为0.27美元[31] - 2024年全年调整后每股摊薄收益预计为2.55美元至2.90美元[8] - 调整后每股收益为0.62美元，同比下降60.3%[30] 销售情况 - 净销售额为48.46亿美元，同比下降2.7%[3] - 自有加特许加市场销售同比下降0.3%[3] - 梅西百货品牌自有销售同比下降1.6%，自有加特许加市场销售同比下降0.4%[4] - 首50家门店自有销售同比增长3.3%，自有加特许销售同比增长3.4%[4] - 公司总销售额为48.46亿美元，同比下降2.7%[20] - 同店销售(包含第三方授权店和市场销售)下降0.3%[26] - Macy's首50家门店同店销售增长3.3%，其他门店下降1.2%[28] - 本季度可比销售额增长6%[32] - 可比销售额计算中包含了第三方授权经营部门的销售额和线上市场销售额[33] - 第三方授权经营部门的销售额和线上市场销售额对公司净销售额影响不重大[33] 毛利率和费用 - 毛利率为39.2%，同比下降0.8个百分点[6] - 销售、一般及管理费用为19.11亿美元，同比下降2%[6] - 毛利率为37.6%[21] - 调整后EBITDA为3.64亿美元，同比下降22.2%[30] 其他收入 - 信用卡收入净额为1.17亿美元，占总销售额的2.4%[20] - Macy's Media Network收入净额为3700万美元，占总销售额的0.8%[20] - 其他收入为1.54亿美元，占总销售额的3.2%[20] 全年预测 - 2024年全年销售额预计为223亿美元至229亿美元，同比变动约-1%至+1.5%[8]

In its upcoming report, Macy's (M) is predicted by Wall Street analysts to post quarterly earnings of $0.18 per share, reflecting a decline of 67.9% compared to the same period last year. Revenues are forecasted to be $4.82 billion, representing a year-over-year decrease of 3.2%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 4.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this per ...

Macy's (M) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 21. On the other ...