Macy’s parades an unexpectedly strong earnings report
After years of struggling through the brick-and-mortar apocalypse, Macy’s posted numbers today that blew past expectations. Sales for the first few months of the year were up almost 4 percent over the same time last year. And the retailer improved its outlook for the year ahead by a pretty big margin. Investors were surprised, to say the least. And so was Macy’s.
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