Macy's Lifts View After Sales Hit Highest Level in More Than Three Years
Core Insights - Macy's has raised its full-year outlook for the second consecutive quarter, indicating positive momentum in its turnaround strategy [1] - The company reported its highest quarterly sales in over three years, suggesting that the turnaround plan is beginning to show early signs of effectiveness [1] Company Summary - Macy's has experienced a significant increase in quarterly sales, marking the highest performance in more than three years [1] - The positive sales performance has led to an upward revision of the company's full-year outlook, reflecting confidence in its ongoing recovery efforts [1]