Macy’s posts strongest quarter in four years
Macy’s reported its strongest quarter in four years, driven by gains at Bloomingdale’s and its Bold New Chapter strategy.
The company’s strategy has led to stronger sales and improved outlooks.
Macy’s now expects $2.00-$2.20 EPS and $21.5B-$21.75B in sales, raised from previous guidance.
The guidance is cautious, factoring in higher tariff impacts and potential consumer spending headwinds.