Categories AlphaGraphs, Retail

Macy’s (M) Q3 Earnings: Key financials and quarterly highlights

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

Macy's Q2 2020 earnings infographic.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Macy’s (M), Target (TGT), Dollar Tree (DLTR): Major retailers and a costly holiday season

The holiday season has started and it is the time for cheer but this year inflation is proving to be a major spoilsport for the festivities. As customers struggle to

Here’s a look at Dollar Tree’s (DLTR) expectations for the remainder of the year

Shares of Dollar Tree Inc. (NASDAQ: DLTR) were down over 1% on Wednesday, a day after the company reported earnings results for the third quarter of 2022. Revenue and earnings

Target Corporation (TGT): A look at how the retail giant is shaping up against an inflationary backdrop

Shares of Target Corporation (NYSE: TGT) were up over 1% on Wednesday. The stock has dropped 30% year-to-date and 35% over the past 12 months. Last week the company reported

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top