Sees Q4 net sales $7.35B-$7.5B, consensus $7.35B. Sees Q4 go-forward business comparable O+L+M sales down 2% to flat. Sees Q4 core adjusted EBITDA rate 9.4%-10.1%. Comments taken from investor presentation slides.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on M:
- Macy’s reports Q3 adjusted EPS 9c, consensus (13c)
- Macy’s raises FY25 adjusted EPS view to $2.00-$2.20 from $1.70-$2.05
- Notable companies reporting before tomorrow’s open
- WMT, AMZN, GAP: Retail Stocks Rally as Online Shopping Over Thanksgiving Tops $30 Billion
- Macy’s price target raised to $22 from $17 at Telsey Advisory