Macy's Inc. Bottom Line Advances In Q2

(RTTNews) - Macy's Inc. (M) announced a profit for its second quarter that Increases, from the same period last year

The company's earnings came in at $169 million, or $0.62 per share. This compares with $87 million, or $0.31 per share, last year.

Excluding items, Macy's Inc. reported adjusted earnings of $107 million or $0.40 per share for the period.

The company's revenue for the period rose 1.1% to $4.866 billion from $4.812 billion last year.

Macy's Inc. earnings at a glance (GAAP) :

-Earnings: $169 Mln. vs. $87 Mln. last year. -EPS: $0.62 vs. $0.31 last year. -Revenue: $4.866 Bln vs. $4.812 Bln last year.

-Guidance: Full year EPS guidance: $ 2.15 To $ 2.35 Full year revenue guidance: $ 21.675 B To $ 21.825 B