Reported 2 days ago
Macy's stock experienced a remarkable 31% increase this week, driven by surprising second-quarter results that exceeded analyst expectations. Although the retailer's net sales slightly declined, same-store sales rose nearly 1% year-over-year, and adjusted net income was significantly better than anticipated. This boost in performance led Macy's to raise its financial guidance for the remainder of 2025, further attracting investor attention.
Source: YAHOO