Macy's reported sixth consecutive year of double-digit growth in adjusted EPS
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Sales totaled $28.105 billion, up 0.6 percent.
Comparable sales growth on an owned plus licensed basis in the full-year 2014 was 1.4 percent. On an owned basis, full-year 2014 comparable sales grew 0.7 percent.
For the 52 weeks of 2014, Macy’s, Inc. sales totaled $28.105 billion, up 0.6 percent from total sales of $27.931 billion in fiscal 2013. Comparable sales growth on an owned plus licensed basis for the full-year 2014 was 1.4 percent. On an owned basis, full-year 2014 comparable sales grew 0.7 percent.
Sales in the 13-week fourth quarter of 2014 totaled $9.364 billion, up 1.8 percent from total sales of $9.202 billion in the fourth quarter of 2013. Comparable sales growth on an owned plus licensed basis for the fourth quarter was 2.5 percent. On an owned basis, fourth quarter comparable sales grew 2.0 percent.
In fiscal 2014, the company opened five stores and closed 22 stores, all as previously announced. Macy’s opened new stores in Sarasota, FL; Las Vegas, NV; and The Bronx, NY. ■