Macy’s Has Soft Quarter, Deere’s Somewhat Better One, and 3 More Hot Stocks

Macy’s (NYSE:M): Macy’s has reported earnings per share of 72 cents, missing the mark by 6 cents, with revenues of $6.06 billion, missing by $0.22 billion as admittedly soft sales pulled performance down. Comparable store sales fell 0.8 percent during the period, including Macy’s online business, which is usually rather strong. The company is now expecting full-year EPS guidance at $3.80 to $3.90, versus $3.90 to $3.95 previously.

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