Macy's M reported a first-quarter profit of $23 million or $0.05 per share compared to a loss of $88 million or $0.21 per share. Wall Street analysts' had estimated Macy's (M) would report EPS of $0.04.
Net sales at the retailer were $5.574 billion from $5.199 billion in the year ago quarter. Analysts had anticipated revenue of $5.54 billion. During today's trading session, Macy's (M) has gained 1.46% to $24.22.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in