M Q3 2024 Earnings — Macy's, Inc. Revenue & Financial Results | Market Cap Arena

MMacy's, Inc.

$5B

Q3 2024 Earnings

Consumer Cyclical Department Stores

Income Statement

Revenue

$4.9B-2.7% YoY

Gross Profit

$2.0B41.6% margin

Operating Income

$64M1.3% margin

Net Income

$28M0.6% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

-3.8%

Cash Flow

Operating Cash Flow

-$167M

Free Cash Flow

-$384M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$17.3B

Total Liabilities

$13.1B

Stockholders' Equity

$4.1B

Cash & Equivalents

$315M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.9B	$5.0B	-2.7%
Gross Profit	$2.0B	$2.1B	-4.4%
Operating Income	$64M	$83M	-22.9%
Net Income	$28M	$41M	-31.7%

Revenue Segments

Women's Accessories, Shoes, Cosmetics and Fragrances

$2.0B40%

Womens Apparel

$1.1B22%

Mens And Kids

$1.0B21%

Home Other

$660M13%

Credit Card Revenues, Net

$120M2%

Macy's Media Network Revenue, Net

$41M1%