Macy's Inc. (M) reported that same-store sales for the month of January increased 3.4%. Total sales were $1.255 billion , up 3.4% from $1.213 billion in the year ago period.
For the 13-week fourth quarter of fiscal 2009, Macy's, Inc.'s sales totaled $7.851 billion, down 1.0% from total sales of $7.934 billion for the final 13 weeks of 2008. On a same-store basis, the company's fourth quarter sales were down 0.8%.
The company now expects fourth quarter earnings per share to be $1.35 to $1.37, excluding restructuring-related costs, compared with previous guidance of $1.14 to $1.18 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $1.18 per share for the quarter. Analysts' estimates typically exclude special items.
For fiscal 2009, the company now expects earnings per share to be $1.36 to $1.38, excluding restructuring-related costs, compared with previous guidance of $1.15 to $1.19 per share. Analysts expect the company to report earnings of $1.18 per share for fiscal 2009.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.