Categories AlphaGraphs, Earnings, Retail
M Earnings: Key quarterly highlights from Macy’s Q4 2022 financial results
Macy’s, Inc. (NYSE: M) reported fourth quarter 2022 earnings results today.
Net sales of $8.3 billion were down 4.6% year-over-year.
Net income was $508 million, or $1.83 per share, compared to $742 million, or $2.44 per share, last year. Adjusted EPS was $1.88.
Both the top and bottom line numbers beat estimates.
For the full year of 2023, the company expects adjusted EPS to be $3.67-4.11.
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
KBH Earnings: KB Home Q1 profit drops on lower sales, misses estimates
Homebuilder KB Home (NYSE: KBH) on Monday announced financial results for the first quarter of 2025, reporting lower revenues and profit. The bottom line fell short of expectations. First-quarter net
Can Nike (NKE) achieve sustainable growth under new leadership?
Nike, Inc. (NYSE: NKE) is banking on innovations in its product portfolio and improvements in the operating environment to regain strength, while it continues to grapple with multiple headwinds affecting
Here’s how Lennar (LEN) is navigating a challenging macroeconomic environment
Shares of Lennar Corporation (NYSE: LEN) gained over 1% on Monday. The stock has dropped 11% over the past three months. The homebuilder grew its revenues in the first quarter
