Macy's Reports Quarterly Earnings Beat and Raises Full-Year Guidance
Macy’s Inc (NYSE:M) reported first-quarter earnings that exceeded Wall Street expectations, with adjusted diluted EPS of $0.13 versus an estimate of $0.03. The company also raised its full-year guidance for net sales, comparable sales, and adjusted EPS due to strong performance across all banners.
Topics: earnings_beat guidance_increase retail