Department store giant Macy’s Inc (M) might post a slip in earnings for the third quarter as it posts earnings on Wednesday, Nov 14, before the opening bell.
The Street expects earnings to fall 43.5% to $0.13 per share for the quarter on revenue of $5.44 billion. Investors might react positively to the stock if it beats estimates, but shares might get battered if Macy’s fails to meet analysts’ view.
Business conditions would be a focus on the earnings call this time around, however, there are lower chances of a positive EPS surprise.
Last quarter, Macy’s stock got battered even after earnings of $0.53 per share beat estimates. The company earned $166 million on a top-line of $5.57 billion in Q2.
Back in August, Macy’s also revised its fiscal 2018 guidance for full-year with adjusted diluted EPS of $3.95-4.15 on a total sales growth from flat to a 0.7% higher. Comparable sales growth on an owned plus licensed basis is touted to lie between 2.1% and 2.5%.
Get access to timely and accurate verbatim transcripts that are published within hours of the event
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
