Macy’s Lifts Outlook After Solid Results at All Three Brands

TL;DR

Macy’s Lifts Outlook After Solid Results at All Three Brands Macy’s Inc., seeing gains across all of its retail nameplates, with particular strength at Bloomingdale’s, posted a strong first quarter that motivated the company to raise its projections for the year. On Wednesday, Macy’s Inc. reported that for the first quarter ended May 2, comparable sales increased 3 percent, exceeding the company’s guidance and led by go-forward comparable sales.