Macy's outlook brightens after bounce-back second quarter
Macy’s reveals revamping plan to woo investors
Kristina Partsinevelos on Macy’s
Macy’s swung to a profit in the second quarter on rising sales as newly vaccinated shoppers bought dresses, luggage and other goods.
The department store easily beat Wall Street expectations and it boosted its outlook for the year, sending shares up more than 5% before the opening bell Thursday.