Beating the Odds and Beating Analyst Forecasts: Macy’s Inc. (M) Stock

Last quarter, department store chain Macy’s Inc. (NYSE: M) outperformed Wall Street projections. Despite challenging macroeconomic conditions, the firm managed to increase sales and earnings. Macy’s prices increased by more than 19 percent during the trading on May 26 as a result of the news. The stock closed at $23.44 on May 27. Macy’s Inc. […]