Macy's Inc. reports second-quarter growth and raises full-year financial guidance

Macy's Inc. reported fiscal second-quarter results showing a 2.7% increase in same-store sales, surpassing analyst expectations. The company's namesake brand saw 1.1% growth, while its luxury store, Bloomingdale's, recorded 11.3% sales growth and beauty chain Bluemercury reported 6.2% growth. Tony Spring, the CEO of Macy's Inc., stated that the results were driven by the company's

Sources

• Yahoo Finance
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• CNBC
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• Yahoo Finance
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Paywall and unreadable sources

• WSJ
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• Seeking Alpha
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