Macy's Finds A New Fit: Earnings Beat, Outlook Raised But Tariffs Still Pinch

Macy’s Inc M shares are trading higher on Thursday after the retailer reported better-than-expected second-quarter earnings and raised its fiscal outlook.M stock is racing ahead of the pack. Get the inside scoop here.Net sales reached $4.81 billion for the quarter, down 2.5% year over year, beating the consensus of $4.76 billion. Company brass expected between $4.65 billion and $4.75 billion.Macy’s also raised its 2025 earnings guidance from $1.60-$2.00 to $1.70-$2.05 versus the consensus of $1.79.Also Read ...