Macy’s, Inc. Reports Fourth Quarter and FY2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
Macy's (M) Tops Q4 EPS by 6c; Comps Fell 2.7%
February 21, 2017 8:01 AM ESTMacy's (NYSE: M) reported Q4 EPS of $2.02, $0.06 better than the analyst estimate of $1.96. Revenue for the quarter came in at $8.52 billion versus the consensus estimate of $8.63 billion.
Comps fell 2.7%.
While 2016 was not the year we expected, we made significant progress on key initiatives that are starting to bear fruit. These include continued improvement in our digital platforms, the rollout of our new approach to fine jewelry and womens shoes, an increase in exclusive merchandise and the refinement of our... More
