Macy's Beats Profit Estimates, Raises Outlook for the Year

By Patricia Miller

May 21, 2024

Macy's exceeds profit estimates, implements turnaround strategy, and gains confidence. Positive news for retail investors eyeing growth in the retail sector.

Macy`s company logo displayed on mobile phone

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This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.