Benzinga | Aug 19, 2021 06:56AM EDT

Macy's Q2 EPS $1.29 Up From $(0.81) YoY, Sales $5.65B Beat $4.98B Estimate

Macy's (NYSE:M) reported quarterly earnings of $1.29 per share. This is a 259.26 percent increase over losses of $(0.81) per share from the same period last year. The company reported quarterly sales of $5.65 billion which beat the analyst consensus estimate of $4.98 billion by 13.39 percent. This is a 58.67 percent increase over sales of $3.56 billion the same period last year.