Macy’s, Inc. (NYSE: M) reported third quarter 2020 earnings results today.
Net sales totaled $3.9 billion compared to $5.1 billion in the same period last year.
Comparable sales were down 21% on an owned basis and down 20.2% on an owned plus licensed basis.
The company reported a GAAP net loss of $91 million, or $0.29 per share, compared to a net income of $2 million, or $0.01 per share, last year. Adjusted net loss was $60 million, or $0.19 per share.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
