Company Earnings Update 4 minutesRegister for Free AccessMacy’s (NYSE: M) 1Q19 Results: Revenues Down, Comp Sales Up, Beats EPS Estimates, Expanding Backstage to 50 Stores Coresight Research May 16, 2019 Executive Summary Macy’s fiscal 1Q19 revenues were $5.50 billion, down 0.7% year over year and just below the consensus estimate of $5.53 billion. The company reported 1Q19 adjusted EPS of $0.44, down 8.3% from the year-ago period but beating the consensus estimate of $0.33. The company saw comparable sales growth of 0.6% on an owned basis, and 0.7% on an owned plus licensed basis. For FY19, management affirmed its guidance for comparable sales growth of flat to 1% for owned stores and owned and licensed stores. The company expects net sales to be approximately flat, and diluted earnings per share to be $3.05-3.25 compared to consensus of $3.10. 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: Store Tracker Extra: UK Store Openings and Closures 2024 Review and 2025 Outlook—InfographicNRF 2025: Retail’s Big Show: Day Two—Diving into Loyalty and Sustainability with Sephora, Target, Walmart and OthersUS Store Tracker Extra, January 2025: 50+ Million Square Feet of Retail Space Slated To Close This YearEarnings Insights 4Q24, Week 2: Columbia Sportswear, Mondelēz and Tapestry See Sales Growth; Clorox, Estée Lauder and PepsiCo Report Declines