Macy's Inc. (M) revealed earnings for second quarter that Drops, from last year
The company's bottom line totaled $87 million, or $0.31 per share. This compares with $150 million, or $0.53 per share, last year.
Excluding items, Macy's Inc. reported adjusted earnings of $113 million or $0.41 per share for the period.
The company's revenue for the period fell 1.9% to $4.999 billion from $5.096 billion last year.
Macy's Inc. earnings at a glance (GAAP) :
-Earnings: $87 Mln. vs. $150 Mln. last year.-EPS: $0.31 vs. $0.53 last year.-Revenue: $4.999 Bln vs. $5.096 Bln last year.
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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.