🟢 Macy’s is trading 4% up today after exceeding Q2 expectations and raising guidance

Macy’s is trading 4.03% up at $21.33 after exceeding second-quarter expectations and raising its full-year outlook.

• Delivered 2.7% comparable-sales growth and raised its full-year sales, comparable-sales, and adjusted EPS outlooks.
• The rebound reverses part of the September 10 earnings-driven selloff as major U.S. indexes gain more than 1%.
• Investors remain focused on Macy’s larger-than-expected projected third-quarter loss and tariff-related earnings quality.