Macy’s Rises on Outlook Despite Caution on Iran, Tariffs
Yahoo Finance·2026-03-18 21:55
Photographer: Amir Hamja/Bloomberg Macy’s Inc. shares rose after the company forecast stronger-than-expected sales in the current quarter, a sign that its fiscal year is off to a solid start as middle- and higher-income households continue to spend. The department-store operator expects net sales as high as $4.63 billion in the first quarter, above the average estimate of analysts compiled by Bloomberg. Comparable sales, which measures revenue from stores that have been open at least a year and from onli ...