“Macy’s shares jump 20% as retailer tops earnings estimates, raises outlook”
September 16, 2025
“…The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between $21.15 billion and $21.45 billion, compared with $21 billion to $21.4 billion.
The stock closed 20% higher on Wednesday…”