1. Macy's earnings crush estimates, boosted by online sales  CNBC
  2. Macy’s digital transformation continues to fuel profit  USA TODAY
  3. Macy's quarterly profit, same-store sales top expectations  Yahoo Finance
  4. Macy's tops 1Q estimates and comparable sales  Yahoo Finance
  5. View full coverage on Google News
Macy's reports earnings that top analysts' expectations, as its initiatives to refresh outdated stores showed signs of paying off.Macy's reports earnings that top analysts' expectations, as its initiatives to refresh outdated stores showed signs of paying off.

Macy's shares, which have so far lost more than a quarter of their value this year, rose about 3% to $22.46 in early trading. Like its peers, the Cincinnati, Ohio-based department store chain faltered in the past few years as it struggled to adjust to a fiercely competitive retail landscape whereMacy's shares, which have so far lost more than a quarter of their value this year, rose about 3% to $22.46 in early trading. Like its peers, the Cincinnati, Ohio-based department store chain faltered in the past few years as it struggled to adjust to a fiercely competitive retail landscape where

Macy's quarterly profit, same-store sales top expectations

Macy's topped first quarter estimates and comparable sales, reporting profit of $136 million, or 44 cents per share, beating Wall Street expectations.Macy's topped first quarter estimates and comparable sales, reporting profit of $136 million, or 44 cents per share, beating Wall Street expectations.

Macy’s digital transformation continues to fuel profit

“Macy's beat on earnings. Slight miss on revenues. But same-store sales inched higher and reaffirmed outlook. $M up 6.5% #premarket.”

Paul R. La Monica on Twitter: "Macy's beat on earnings. Slight miss on revenues. But same-store sales inched higher and reaffirmed outlook. $M up 6.5% #premarket."

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