Macy’s
stock was climbing Thursday right after the division retail outlet huge posted a potent 3rd quarter and raised earnings steerage for the whole yr.
Macy’s
(ticker: M) reported fiscal third-quarter altered earnings of 52 cents a share on profits of $5.23 billion, when compared with earnings of $1.23 a share on gross sales of $5.44 billion final yr. Analysts surveyed by FactSet had been expecting earnings of 18 cents a share on profits of $5.2 billion.
Macy’s
stock was climbing Thursday right after the division retail outlet huge posted a potent 3rd quarter and raised earnings steerage for the whole yr.
Macy’s
(ticker: M) reported fiscal third-quarter altered earnings of 52 cents a share on profits of $5.23 billion, when compared with earnings of $1.23 a share on gross sales of $5.44 billion final yr. Analysts surveyed by FactSet had been expecting earnings of 18 cents a share on profits of $5.2 billion.
