Like numerous of retailers, Macys has been harmed as shoppers working from home and going to fewer social occasions make less journeys to the shopping center during the health crisis and purchase less clothing.Macys shares were up more than 3% in premarket trading.Heres how the business did during the 4th quarter ended Jan. 30, compared with what experts were expecting, based on a survey by Refinitiv: Earnings per share: 80 cents, changed vs. 12 cents expectedRevenue: $6.78 billion vs. $6.5 billion expectedNet earnings fell to $160 million, or 50 cents per share, from $340 million, or $1.09 per share, a year previously. Leaving out one-time charges, the business made 80 cents per share, much better than the 12 cents expected by analysts.Sales fell to $6.78 billion from $8.34 billion a year earlier, better than the $6.5 billion that experts were expecting.Macys said same-store sales on an owned plus certified basis fell 17.1% from 2019 levels. Previously this year, Macys released the places of more than 40 shops to shut by mid-2021, as part of its three-year closure plan.Looking to fiscal 2021, Macys is calling for sales to fall within a range of $19.75 billion to $20.75 billion.

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