Saturday, Jun 25, 2022
Focus on the big picture

Macy's raises profit outlook, shares soar

Reuters, 27 May 2022
Macy's raised its annual profit forecast, helped by strong demand for high-margin apparel from consumers returning to weddings and other social events, even as inflation saps consumer spending power.

#Macys #Profit #Inflation #Business #News #Reuters


Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.

Get the latest news on:
Follow Reuters on Facebook:
Follow Reuters on Twitter:
Follow Reuters on Instagram:
Related Articles