The company reported a surprise profit in the first quarter.
News & Analysis: Macys
Many retail analysts and pundits fear that the Q1 sales recovery wasn't sustainable, but the evidence suggests that sales trends will strengthen further over the next few quarters.
The retailer reported positive earnings when expectations were for it to lose money in the quarter.
Management gains confidence after observing consumer spending patterns.
Investors had expected Macy's to report a big loss in the first quarter. Instead, it delivered a solid profit.
M earnings call for the period ending May 1, 2021.
The iconic department store chain just revealed more details of its plan for monetizing some of its valuable Manhattan real estate.
The apparel retailer is set to report first-quarter results on Tuesday, May 18.
A Macy's employee union challenged the company for using a new mobile checkout app -- and won.
This department store chain just faces a few too many challenges right now to justify the risk.