Company Earnings Update 4 minutesRegister for Free AccessMacy’s (M) 2Q18 Results: Beats on Revenues, EPS and Comps, Raises Guidance Coresight Research August 17, 2018 Executive Summary Macy’s reported 2Q18 adjusted EPS of $0.70, beating the $0.51 consensus estimate. Revenues were $5.57 billion, down 1.1% year over year but beating the consensus estimate of $5.55 billion. Comps increased 0.5%, comprising flat comps from owned stores plus comps of 0.5% from licensed departments, beating the consensus of a decline of 0.9%. Macy’s raised its full-year guidance for EPS to a range of $3.95–$4.15 (from $3.75–$3.95 previously) and for revenues to flat to 0.7% (from down 1% to up 0.5% previously.) 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: Innovator Profile: Drop Facilitates Seamless and Scalable Selling on Social MediaMaximizing Growth Potential in DTC: Four Tech-Driven Strategies for Direct-to-Consumer Businesses To Scale and SucceedConsumers Dine Out at Record-High Rates: US Consumer Survey InsightsMay 2023 US Retail Sales: Resilient Consumers Drive Retail Sales Growth