M FY 2023 Earnings — Macy's, Inc. Revenue & Financial Results | Market Cap Arena

MMacy's, Inc.

$5B

FY 2023 Earnings

Consumer Cyclical Department Stores

Income Statement

Revenue

$23.9B-6.2% YoY

Gross Profit

$9.6B40.4% margin

Operating Income

$301M1.3% margin

Net Income

$45M0.2% margin

EPS (Diluted)

$0.16

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$312M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$16.2B

Total Liabilities

$12.2B

Stockholders' Equity

$4.0B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23.9B	$25.4B	-6.2%
Gross Profit	$9.6B	$10.1B	-4.6%
Operating Income	$301M	$1.7B	-82.2%
Net Income	$45M	$1.1B	-96.1%