Categories AlphaGraphs, Consumer, Earnings
Macy’s reports Q3 2023 results: Here’s what you need to know
Department store chain Macy’s, Inc. (NYSE: M) on Thursday said its third-quarter 2023 sales and adjusted earnings declined from last year. The company also provided guidance for fiscal 2023.
Net sales declined 7% year-over-year to $4.86 billion in the October quarter when comparable store sales, on an owned and licensed basis, decreased by 6.3%.
The weak top-line performance translated into a 60% fall in adjusted profit to $0.21 per share during the three-month period. On an unadjusted basis, net income was $43 million or $0.15 per share, compared to $108 million or $0.39 per share last year.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
