Macy's Inc. (M) announced earnings for its first quarter that Increases, from last year
The company's bottom line totaled $63 million, or $0.23 per share. This compares with $38 million, or $0.13 per share, last year.
Excluding items, Macy's Inc. reported adjusted earnings of $35 million or $0.13 per share for the period.
The company's revenue for the period rose 2.1% to $4.892 billion from $4.793 billion last year.
Macy's Inc. earnings at a glance (GAAP) :
-Earnings: $63 Mln. vs. $38 Mln. last year.-EPS: $0.23 vs. $0.13 last year.-Revenue: $4.892 Bln vs. $4.793 Bln last year.
-Guidance:Next quarter EPS guidance: $ 0.29 To $ 0.34Next quarter revenue guidance: $ 4.75 B To $ 4.80 BFull year EPS guidance: $ 2.00 To $ 2.20Full year revenue guidance: $ 21.5 B To $ 21.75 B
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