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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2025, Week 6: Bargain Hunt and Liberated Brands To Close About 200 StoresShoptalk Spring 2025: Day One—Creating Value Is Critical to Success; Tech-Powered Personalization Permeates Panel Discussions1Q25 Retail Inventory Insights: Lean Inventory, Tariff Mitigation, Supply Chain AdjustmentsWhere Shoppers Live vs. Where They Shop: US Consumer Survey Insights Extra