M Earnings Prediction
The chart below shows how M performed 10 days before and after its earnings report, based on data from the past quarters. Typically, M sees a +3.02% change in stock price 10 days leading up to the earnings, and a +0.91% change 10 days following the report. On the earnings day itself, the stock moves by +0.70%. This data can give you a slight idea of what to expect for the next quarter's release.
M Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
8.38B
-1.77%
66.24%
Gross Margin
39.39%
9.17%
-7.10%
Operating Margin
10.67%
34.38%
458.64%
Net Margin
-0.84%
-114.07%
-198.82%
EPS
-0.25
-114.62%
-266.67%
No Data Available
M Earnings Analysis
Macy's Inc Corporation (M.N) Earnings Conference Call
Positive
Earnings Per Share Beat: Macy’s, Inc. reported an adjusted EPS of $1.80, exceeding expectations of $1.55, indicating strong financial performance.
Quarterly Comp Gain: The company achieved a 0.2% total comp gain in the fourth quarter, marking its highest quarterly results in 11 quarters.
Sales Performance Improvement: Macy’s, Inc. improved annual comps by 510 basis points to down 0.9% versus 2023, showcasing a positive trend in sales performance.
Positive Comp Performance: The First 50 locations posted a positive 1.2% comp, outperforming the rest of the fleet, demonstrating the effectiveness of strategic investments in customer experience.
Strong Comp Growth: Bloomingdale’s achieved a remarkable 6.5% comp growth, the strongest fourth quarter volume in its history, reflecting successful luxury brand strategies.
Consistent Positive Performance: Bluemercury continued its positive trend with 16 consecutive quarters of positive comps, indicating strong brand loyalty and customer engagement.
Free Cash Flow Surge: The company generated $679 million in free cash flow, up 71% from the previous year, highlighting improved financial health and cash generation capabilities.
Store Closures and Efficiency: Macy’s, Inc. closed 64 underperforming stores ahead of plan, allowing for a more focused investment in go-forward locations and enhancing overall operational efficiency.
Capital Expenditure Reduction: The company reduced capital expenditures by $111 million to $882 million, demonstrating a commitment to cost control and efficient resource allocation.
Media Network Revenue Growth: Macy’s media network revenues increased by 7%, reflecting growth in advertising and campaign counts, which supports overall revenue diversification.
Negative
Decline in Sales Growth: Total Macy’s nameplate comps declined 0.9% in the fourth quarter, indicating a lack of growth in sales despite some improvements in specific locations.
Sales Performance Decline: Macy’s net sales were down 5.3%, which reflects a significant drop in overall sales performance compared to the previous year.
Rising SG&A Expenses: SG&A expenses increased to 29.7% of total revenue, which is 100 basis points higher than last year, indicating rising operational costs amidst declining revenues.
Sales Decline Anticipation: The company anticipates a decline in Macy’s, Inc. comps of 2% to down 0.5% for the upcoming year, suggesting ongoing challenges in maintaining sales growth.
Gross Margin Decline: The gross margin rate was 35.7%, which is 80 basis points lower than the previous year, indicating pressure on profitability.
Inventory Increase Analysis: Year-end inventories were up 2.5% year-over-year, which could signal overstocking issues or misalignment with consumer demand.
EBITDA Margin Decline: The company expects adjusted EBITDA as a percent of total revenue to decrease to 8.4% to 8.6%, down from 8% in fiscal 2024, indicating potential profitability challenges ahead.
M FAQs
How does M typically perform around its earnings report dates?
Is Macy's Inc (M) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
M Earning Call Sentiment
Macy’s, Inc. (NYSE:M) Q4 2024 Earnings Call Transcript
M.N
-13.5%Positive
The earnings call presents a mixed picture: while there are positive elements such as EPS beating expectations, luxury segment growth, and a 5% dividend increase, these are offset by declining net sales, store closures, and SG&A pressure. The Q&A reveals uncertainties in consumer health and promotional strategies. The guidance suggests flat to slightly negative net sales, and the lack of clear responses to certain questions raises concerns. Without market cap data, a neutral sentiment is appropriate, as positive and negative factors seem balanced.
