Macy's Q1 Surprises With Profit Beat And Upgraded Outlook Amid Sales Challenges – Here's The Scoop
Macy's Q1 Surprises With Profit Beat And Upgraded Outlook Amid Sales Challenges – Here's The Scoop
The Macy's Inc (NYSE:M) shares are trading higher after the company reported better-than-expected first-quarter adjusted EPS and raised the outlook.
梅西百货公司（纽约证券交易所代码：M）股价走高，此前该公司公布的第一季度调整后每股收益好于预期，并提高了前景。
The company reported a first-quarter FY24 sales decline of 2.7% year-on-year to $4.846 billion, slightly missing the analyst consensus of $4.86 billion.
该公司报告称，24财年第一季度销售额同比下降2.7％，至48.46亿美元，略低于分析师共识的48.6亿美元。
Comparable sales decreased 1.2% on an owned basis and down 0.3% on an owned plus licensed basis. First 50 locations comparable sales, included within go-forward locations comparable sales, gained 3.3% on an owned basis and grew 3.4% on an owned-plus-licensed basis.
自有和许可的可比销售额下降了1.2％，自有和许可的销售额下降了0.3％。前50个地点的可比销售额，包括未来地点的可比销售额，自有销售额增长了3.3％，在自有加许可的基础上增长了3.4％。
The operating margin was 2.5% versus 4.7% last year. Operating income for the quarter declined 48.8% to $125 million.
营业利润率为2.5％，去年为4.7％。该季度的营业收入下降了48.8％，至1.25亿美元。
The gross margin was 39.2%, down 80 basis points from the first quarter of 2023. Adjusted EBITDA was $364 million versus $468 million last year.
毛利率为39.2％，比2023年第一季度下降80个基点。调整后的息税折旧摊销前利润为3.64亿美元，去年同期为4.68亿美元。
Adjusted EPS of $0.27 beat the analyst consensus of $0.15.
调整后的每股收益为0.27美元，超过了分析师共识的0.15美元。
Macy's held $876 million in cash and equivalents as of May 4. Operating cash flow for three months totaled $129 million. Merchandise inventories were up 1.7% versus the first quarter of 2023.
截至5月4日，梅西百货持有8.76亿美元的现金及等价物。三个月的运营现金流总额为1.29亿美元。与2023年第一季度相比，商品库存增长了1.7％。
"We are encouraged by our customers' response to our Bold New Chapter strategy resulting in sales near the high end of our outlook," said chairman and CEO Tony Spring.
董事长兼首席执行官托尼·斯普林表示：“客户对我们大胆的新章节战略的反应使销售额接近我们前景的高端，这让我们感到鼓舞。”
Macy's regular quarterly dividend of 17.37 cents per share is payable July 1 to shareholders of record on June 14.
梅西百货每股17.37美分的定期季度股息将于7月1日支付给6月14日的登记股东。
Outlook: Macy's updated FY24 sales outlook from $22.2 billion – $22.9 billion to $22.3 billion – $22.9 billion, against the consensus of $22.81 billion.
展望：梅西百货更新了24财年的销售前景，从222亿美元至229亿美元至229亿美元增至229亿美元，而市场普遍预期为228.1亿美元。
The company raised FY24 adjusted EPS guidance from $2.45 – $2.85 to $2.55 – $2.90 versus the Street view of $2.62.
该公司将24财年调整后的每股收益预期从2.45美元至2.85美元上调至2.55美元至2.90美元，而华尔街景观为2.62美元。
Macy's currently sees FY24 comparable owned-plus-licensed-plus-marketplace sales of -1% to +1.5%.
梅西百货目前预计，24财年自有加许可加市场的可比销售额为-1％至+ 1.5％。
Price Action: M shares are trading higher by 3.97% at $19.86 in premarket at the last check Tuesday.
价格走势：在周二的最后一次盘前盘中，M股交易价格上涨3.97％，至19.86美元。
Photo via Wikimedia Commons
照片来自维基共享资源
