Macy's, Inc. (M) Q1 2009 Earnings Results

Macy's Misses on EPS, Stock Down 6.72%

Macy's disappointing EPS results reflect ongoing struggles in the retail sector, likely driven by economic pressures affecting consumer spending. The stock fell 6.72% in response, indicating investor concern over the company's ability to navigate these challenges. Without guidance or clear strategies from management, uncertainty remains about Macy's future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	-$0.21	N/A	-7.69%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about the retail landscape and its effect on sales. They did not provide specific guidance for future quarters.

Management highlighted ongoing challenges in the retail environment.

They acknowledged the impact of economic conditions on consumer spending.

No specific strategies were outlined to address current performance.

Macy's Misses on EPS, Stock Down 6.72%

Key numbers

Management commentary

Macy's, Inc.

More earnings this week

Macy's Misses on EPS, Stock Down 6.72%

Key numbers

Management commentary