Macy’s posts strong results, raises guidance as turnaround begins to take hold

Macy’s delivered positive results during its fiscal second quarter, reporting comparable sales growth of 2.7% across the company while advancing its ongoing restructuring efforts. The Macy’s nameplate brand achieved 1.1% comparable sales growth, with expansion primarily attributed to reimagined store locations that have undergone strategic renovations. The company’s higher-end divisions performed notably better, with Bloomingdale’s comparable sales rising 11.3% and the b