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Wall Street's Insights Into Key Metrics Ahead of Macy's (M) Q2 Earnings
Zacks Investment Research·
Wall Street analysts forecast Macy's Q2 earnings of $0.37 per share, representing a 9.8% year-over-year decline, with revenues expected at $4.82 billion, up just 0.2%. The company faces mixed performance across segments, with women's accessories and credit card revenues showing modest growth while home/other sales are projected to decline 7.2%. Store count is expected to continue declining, with total Macy's locations falling from 449 to 432.
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