Key Takeaways M trades at a 9.89X forward P/E, well below peers, despite outperforming the industry over the past month.Upward EPS revisions reflect momentum as Macy's raises sales and profit outlooks on improving trends.Luxury brands, store upgrades and supply-chain automation are driving improved engagement and efficiency.Macy's, Inc. (M) is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 9.89X, which positions it at a discount compared with the Zacks Retail - Regional Departme ...