For the 52 weeks of fiscal 2013, Macy’s, Inc.’s operating income totaled $2.678 billion or 9.6 percent of sales, compared with operating income of $2.661 billion or 9.6 percent of sales for the 53 weeks of fiscal 2012. Macy’s, Inc.’s fiscal 2013 operating income included expenses and asset impairment changes of $88 million associated with previously announced store closings, cost reduction initiatives and related items. Excluding these items, operating income for fiscal 2013 was $2.766 billion or 9.9 percent of sales. Macy’s, Inc.’s fiscal 2012 operating income included asset impairment charges and other costs and expenses of $5 million associated with store closings. Excluding these items, operating income for fiscal 2012 was $2.666 billion or 9.6 percent of sales.Earnings Per Share
Macy’s, Inc. Reports Its Fifth Consecutive Year Of Double-Digit Growth In Earnings Per Share
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