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Article: Macy's, Inc. Reports Fourth Quarter Earnings of 73 Cents Per Diluted Share.(Financial report)
- Article from:
- Business Wire
- Article date:
- February 24, 2009
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Diluted EPS, Excluding Unusual Items, is $1.06 - Exceeding Company Guidance
CINCINNATI -- Macy's, Inc. (NYSE:M) today reported earnings of 73 cents per diluted share for the 13-week fourth quarter of 2008, ended Jan. 31, 2009. These results include certain unusual items (described below) that negatively impacted fourth quarter earnings by 33 cents per diluted share, but do not include a non-cash charge for goodwill impairment that currently is being determined and is expected to be recorded in the fourth quarter (also described below). Excluding unusual items, the company earned $1.06 per diluted share in the fourth quarter of 2008. This exceeds the company's ...