Macy's, Inc. (M) Q3 2018 Earnings Results

Macy's Beats on EPS, Stock Down 7.18%

Macy's reported better-than-expected earnings per share, which was a positive surprise. However, the stock fell by 7.18% likely due to the lack of revenue details and concerns about the retail environment. Investors may be cautious given the challenges highlighted by management.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.27	N/A	+57.83%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about the current retail landscape and the impact on sales. They are prioritizing cost management but did not offer specific future guidance.

Management highlighted challenges in the retail environment.

They emphasized a focus on cost control and efficiency.

There was no specific guidance provided for future quarters.

Macy's Beats on EPS, Stock Down 7.18%

Key numbers

Management commentary

Macy's, Inc.

More earnings this week

Macy's Beats on EPS, Stock Down 7.18%

Key numbers

Management commentary