Company Earnings Update 2 minutesRegister for Free AccessMacy’s (M) 4Q15 Results: Sales Picked Up in January as the Weather Turned Colder Coresight Research February 23, 2016 Executive Summary Macy’s reported 4Q15 EPS of $2.09, excluding items, versus the consensus estimate of $1.89. Total revenue was $8.87 billion versus consensus of $8.83 billion. Comps were down 4.8% on an owned basis and down 4.3% on an owned and licensed basis. Sales trends improved in January as the weather turned colder in the Northern region. FY16 guidance calls for EPS of $3.80–$3.90 versus expectations of $3.90. That is based on a 2% decline in total revenue, implying total revenues of $26.54 billion versus consensus of $26.48 billion. Comps on an owned and licensed basis are expected to decline by 1%, while comps on an owned basis are expected to be down 50 basis points. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Retail Around the World: International Women’s Day 2023Store Tracker Extra: US and UK Store Openings and Closures 2022 Review and 2023 OutlookGenerative AI Latest: Indian Conglomerates Enter the Space, the US Drives the Responsible Use of AI, Adobe Launches New ProductsLuxury Clothing and Footwear Sector To Gain Share of the Total US Apparel Market in 2023 and Beyond