Macy's: EPS expected to be within range in Q4

(CercleFinance.com) - In a business update, Macy's says it expects its adjusted EPS for its fourth quarter 2024 to be in line with its previously published range of $1.
40 to $1.65.

On the other hand, the department store chain anticipates net sales for this period to be at, or slightly below, the low end of its previously published range of $7.8 to $8 billion.

"Our Bold New Chapter strategy continues to gain momentum, putting us on track to achieve our second quarter of sequential comparable sales improvement," adds CEO Tony Spring.

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