In the same period a year ago, the company posted earnings of 48 cents a share on sales of $5.5 billion.
The stock has fallen 12.7% since the company last reported earnings on Feb. 26.
Quarterly estimates have fallen 1.1 cent a share in the past month.
Macy's is currently trading at a price-to-forward-earnings ratio of 7.2 based on the 12-month estimates of 18 analysts surveyed by FactSet.
Macy's was recently profiled by Real Money's in-house technical analyst Bruce Kamich. To find out more about how you can profit from this and other stocks Bruce has recently analyzed, please click here.
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