Company updates guidance, outlines strategy on real estate
CINCINNATI, Ohio, November 11, 2015 – Macy’s, Inc. today reported earnings per share of 36
cents in the third quarter of 2015, ended Oct. 31, 2015. Excluding asset impairment charges of
$111 million, or 20 cents per share, primarily related to the previously-announced plans to close
35 to 40 stores in early 2016, third quarter earnings per share were 56 cents per share.
compares with 61 cents per diluted share in the third quarter of 2014.