Macy's (M) Tops Q2 EPS by 96c, Revenue Beats
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Macy’s, Inc. Reports Second Quarter 2020 Results
September 2, 2020 6:55 AM EDTNEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today reported results for the second quarter of 2020.
Macys, Inc. performance for the quarter was stronger than anticipated across all three brands: Macys, Bloomingdales and Bluemercury, driven largely by the sales recovery of our stores. Restarting our stores business was our top priority, and we successfully accomplished that while also ensuring that our digital business remained strong. Going into this crisis, we had a well-developed digital business and were seeing that thrive as we attract new and welcome existing customers back to... More
