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Macy’s Stock Soars After Solid Q3, Raised FY21 Outlook

Macy's Stock Soars After Solid Q3, Raised FY21 Outlook

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Macy’s Inc (NYSE: M) reported third-quarter FY21 sales growth of 36.3% year-on-year, to $5.44 billion, beating the analyst consensus of $5.20 billion. Comparable sales increased 37.2% on an owned basis and up 35.6% on an owned plus licensed basis versus Q3 2020.

...read full article on Benzinga

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