Shares of Macy's Inc (NYSE:M) are tanking out of the gate, last seen down 12.1% at $15.62 after a mixed second-quarter report. The department store operator showed quarterly earnings of 53 cents per share on revenue of $4.94 billion, the former beating estimates and the latter falling short, and cut its full-year sales forecast amid struggles to get shoppers in stores and more promotions.It's been a tough year on the charts for M, down 24% year to date as the company sets its sights on closing 150 -- roughl ...

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Macy's (M) reported $4.94 billion in revenue for the quarter ended July 2024, representing a year-over-year decline of 3.8%. EPS of $0.53 for the same period compares to $0.26 a year ago.The reported revenue represents a surprise of -2.94% over the Zacks Consensus Estimate of $5.09 billion. With the consensus EPS estimate being $0.32, the EPS surprise was +65.62%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...

Key TakeawaysMacy's missed second-quarter revenue and comparable store sales estimates as the retailer faced a tough consumer environment.The biggest U.S. department store chain operator also lowered its guidance because of the drop in sales and the need for more promotions.Macy's shares tumbled on the news. Macy's (M) shares slumped Wednesday after the retailer's second-quarter sales declined and it lowered its full-year guidance on weak consumer spending and more promotions. The biggest U.S. department st ...

Macy's (M) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 65.62%. A quarter ago, it was expected that this department store operator would post earnings of $0.18 per share when it actually produced earnings of $0.27, delivering a surprise of 50%.Over the last four quarters, the compa ...

财务业绩 - 第二季度每股摊薄收益为0.53美元，超出预期[4] - 毛利率为40.5%，优于预期[10] - 总销售额为49亿美元，同比下降3.8%[4] - 自有加特许加市场销售同比下降3.3%[5] - 其他收入为1.59亿美元，同比增加9百万美元[8] - 信用卡收入净额增加500万美元至1.25亿美元[8] - 存货增加6.0%，主要由于成本会计转换和第二季度销售情况[9] - 公司总收入为104.53亿美元，同比增长3.5%[36] - 毛利率为39.0%[36] - 销售、一般及管理费用占总收入的37.6%[36] - 净利润为1.33亿美元，同比下降37.3%[36] - 每股摊薄收益为0.48美元[36] 门店表现 - Macy's首50家门店连续第二个季度实现正同比销售[6] - Macy's品牌销售同比下降4.4%，自有加特许加市场销售同比下降3.6%[6] - Macy's首50家门店销售同比上升1.0%[6] - Macy's品牌同比销售下降3.3%，Bloomingdale's品牌同比销售下降1.4%，Bluemercury品牌同比销售增长2.0%[45] - Macy's首50家门店同比销售增长1.0%，其他门店同比销售下降3.7%[48][49] - Macy's品牌同比销售下降1.7%，Bloomingdale's品牌同比销售下降0.6%，Bluemercury品牌同比销售增长3.0%[52] - Macy's首50家门店同比销售增长2.1%，其他门店同比销售下降2.5%[55][56] 财务状况 - 现金及现金等价物为6.46亿美元[28] - 存货为43.78亿美元[28] - 总资产为158.33亿美元[28] - 总负债为115.30亿美元[28] - 股东权益为43.03亿美元[28] 其他 - 公司总体销售额同比下降3.3%[43] - 26周期间公司总体销售额同比下降1.8%[50] - 13周期间公司调整后EBITDA为4.38亿美元，26周期间为8.02亿美元[58][59] - 13周期间公司调整后每股收益为0.53美元，26周期间为0.80美元[60][62][63][64]

文章核心观点 - 梅西百货公司(Macy's)下调了全年销售预期,因为该公司正在应对选择性消费者和更多促销活动[2][3] - 梅西百货公司第二季度业绩有所混合,盈利超出华尔街预期但收入却未达预期[8] - 梅西百货公司正在努力重回稳定发展和持续增长的轨道,包括关闭约150家门店并投资剩余350家门店,同时开设新的较小型门店和扩张旗下更好表现的品牌Bloomingdale's和Bluemercury[9] - 尽管梅西百货公司在部分门店取得了正增长,但整体销售表现仍然疲弱,其核心梅西品牌和Bloomingdale's品牌的同店销售均有所下降[11][12][16] 财务数据总结 - 梅西百货公司预计全年销售额将在221亿美元至224亿美元之间,低于此前预期的223亿美元至229亿美元[3] - 梅西百货公司预计同店销售将下降约2%至0.5%,此前预期同店销售下降约1%至增长1.5%[4] - 第二季度,梅西百货公司每股收益为0.53美元(调整后),高于预期的0.30美元;但收入为49.4亿美元,低于预期的51.2亿美元[8] - 第二季度,梅西百货公司净利润为1.5亿美元,上年同期为亏损2200万美元[13]

UNITED STATES - APRIL 27: Jennifer Lopez, wearing an outfit from her J.Lo clothing line, steps up ... [+] to the microphone to announce the winner of her model search during a news conference at Macy's on 34th St. The winning girl will star in a magazine advertisement for Lopez' fashions. (Photo by Robert Rosamilio/NY Daily News Archive via Getty Images)NY Daily News via Getty ImagesMacy’s is scheduled to report earnings before Wednesday’s open. The stock hit a record high $73.61/share in 2015 and is curren ...

ozgurdonmaz Shares of Macy's, Inc. (NYSE:M) have been a solid performer over the past year, rising 17%; however, they have been on a downward trend over the past two months as a proposed M&A transaction did not proceed and concerns about the consumer had been building. Shares, though, have recovered from a recent low following a strong retail sales report and favorable earnings from Walmart (WMT). This puts shares in an interesting position heading into the company’s quarterly earnings report on Wednesd ...

In its upcoming report, Macy's (M) is predicted by Wall Street analysts to post quarterly earnings of $0.32 per share, reflecting an increase of 23.1% compared to the same period last year. Revenues are forecasted to be $5.09 billion, representing a year-over-year decrease of 0.8%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this pe ...