CNBC
2020.07.01 11:26
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Macy's reports first-quarter loss, says does not expect 'another full shutdown'

Chief Executive Jeff Gennette said in a statement that nearly all of the company's stores have since reopened and are performing ahead of expectations this month ... Loss per share: $2.03, adjusted  Revenue: $3.02 billion  Macy's reported a net loss of $3.58 billion, or $11.53 per share, compared with net income of $136 million, or 44 cents a share, a year ago ... Analysts have been calling for Macy's to report a loss of $2.03 per share on revenue of $3.01 billion, according to Refinitiv data.