The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill and analysts Jason Moser and Matt Argersinger discuss the top business and investing stories of the day.
Macy's (NYSE:M) reported a 20% increase in quarterly profit and a 3.8% jump in same-store sales. Macy's also upped its dividend by 25%. Shares of the retailer hit an all-time high on the news. In this installment of MarketFoolery, our analysts take stock in the future of the Macy's.
The relevant video segment can be found between 8:50 and 11:47.