Company Earnings UpdateMacy’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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Financial Confidence Reaches Five-Month High; TJX Dominates Off-Price Retail; Dollar Tree Leads Dollar Stores: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 30: US Retail and the Consumer—Latest MetricsWeekly UK Store Openings and Closures Tracker 2025, Week 33: River Island Confirms Store Closures; Claire’s UK Files for AdministrationThree Data Points We’re Watching This Week, Week 31: US Consumer Sentiment, AI Investments and Canada Stores
