M Q4 2023 Earnings — Macy's, Inc. Revenue & Financial Results | Market Cap Arena

MMacy's, Inc.

$5B

Q4 2023 Earnings

Consumer Cyclical Department Stores

Income Statement

Revenue

$8.4B-1.8% YoY

Gross Profit

$3.3B39.4% margin

Operating Income

-$71M-0.8% margin

Net Income

-$70M-0.8% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+66.2%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$903M

Stock-Based Comp.

$2M

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	$8.4B	$8.5B	-1.8%
Gross Profit	$3.3B	$3.1B	+7.2%
Operating Income	-$71M	$676M	-110.5%
Net Income	-$70M	$509M	-113.8%

Revenue Segments

Women's Accessories, Shoes, Cosmetics and Fragrances

$3.5B41%

Mens And Kids

$1.7B21%

Womens Apparel

$1.5B18%

Home Other

$1.4B17%

Credit Card Revenues, Net

$195M2%

Macy's Media Network Revenue, Net

$60M1%