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.
Chris Hill, Jason Moser, Fool contributor Matthew Argersinger, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.