ValueQ3, 24TTMSelling/general/admin expenses2.02 B8.26 BResearch & development——Operating income42 M783 MNon-Operating Income, Total——Interest expense, net of interest capitalized——Non-Operating Income, excl. Interest Expenses——Unusual income/expense——Pretax income5 M623 MEquity in earnings——Taxes6 M157 MNon-controlling/minority interest——After tax other income/expense——Net income before discontinued operations10 M476 MDiscontinued operations——Net income10 M476 MDilution adjustment——Preferred dividends——Diluted net income available to common stockholders11 M478 MBasic earnings per share (Basic EPS)0.041.73Diluted earnings per share (Diluted EPS)0.041.7Average basic shares outstanding272.4 M1.1 BDiluted shares outstanding277.1 M1.12 BEBITDA2.32 B10.02 BEBIT2.08 B9.12 BCost of revenue2.85 B13.54 BOther cost of goods sold——Depreciation & amortization (cash flow)235 M896 M
Macy's Inc
Macy's, Inc. is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over Macy's, the old department store chain originally founded in 1858 by American entrepreneur Rowland Hussey Macy. Despite Federated's long history of preserving regional nameplates, its acquisition of the May Department Stores Company in 2005 marked the end of those nameplates. By the following year, both the Macy's and Bloomingdale's brands had replaced them nationwide. Ultimately, Federated itself was renamed Macy's, Inc. in 2007, an acknowledgment of the old store's venerable name; the company bought Bluemercury in 2015 from Berry J. Beck and Marla Malcolm Beck, allowing the company to expand into beauty stores.