Tuesday, February 27, 2018

Macy's Q4 Profit Surges, Expects Comps Growth In FY18

Macy's Inc. (M) Tuesday reported a surge in fourth quarter net income attributable to the shareholders to $1.325 billion from $472 million last year. For the 14-week period ended February 3, the company recorded earnings per share of $4.31, while for the 13-week period ended January 28 last year was $1.54. adjusted earnings per share, excluding certain items were $2.82.

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