Macy’s, Inc. (NYSE: M) reported third-quarter 2021 earnings results today.
Net sales totalled $5.4 billion compared to $3.9 billion in the same period last year.
Comparable sales were up 37.2% on an owned basis and up 35.6% on an owned plus licensed basis.
The company reported a GAAP net profit of $239 million, or $0.76 per share, compared to a net loss of $91 million, or $0.29 loss per share, last year.
The adjusted net profit was $1.23 per share.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,