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Macy's Inc Reaffirms H2, FY 2013 Comparable Sale Store Guidance; Reaffirms FY 2013 EPS Guidance

Wednesday, 13 Nov 2013 08:00am EST 

Macy's Inc reaffirmed its fiscal 2013 guidance provided in August 2013. Comparable sales are expected to increase in the range of 2.5% to 4% in the second half of 2013, and in the range of 2% to 2.9% for fiscal 2013. Earnings for fiscal 2013 are expected in the range of $3.80 to $3.90 per diluted share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.78 for fiscal 2013. 

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