Macy's Q4 EPS $1.83, revenue $8.3B; FY2023 guidance below consensus

Macy's, Inc.

2022-FY EPS reported $4.19 revenue$25,449,000,000

Q4 net sales $8.264B, down 4.6% YoY; comparable owned+licensed sales down 2.7%.
Q4 diluted EPS $1.83, adjusted $1.88 (includes $0.17 discrete tax benefit).
FY2022 net sales $24.442B, flat YoY; diluted EPS $4.19, adjusted $4.48.
FY2023 guidance: net sales $23.7-24.2B, adjusted diluted EPS $3.67-$4.11.
Inventory down 3% vs 2021; gross margin 34.1% vs 36.5% in Q4 2021.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Macy's, Inc. reported the fourth quarter and fiscal 2022 results: revenue $8.3 billion, net income $1.83 per diluted share, EPS $1.83 per diluted share.

Period: the fourth quarter and fiscal 2022
Revenue: $8.3 billion
Net income: $1.83 per diluted share
EPS: $1.83 per diluted share
Result: reported results

Exact text from the filing

the fourth quarter of 2021. ◦ This compares to diluted earnings per share of $1.09 and Adjusted diluted earnings per share of $2.12 in the fourth quarter of 2019. • Net sales of $8.3 billion, down 4.6% versus the fourth quarter of 2021; down 0.9% versus the fourth quarter of 2019. ◦ Digital sales decreased 9% versus the fourth quarter of 2021; up 24% versus the

View on SEC.gov

Browse all earnings releases →

Macy's, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-005942

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.