Macy's Analysts Boost Their Forecasts After Upbeat Q2 Results
1. Macy's posted Q2 earnings above expectations, earning 41 cents per share. 2. Net sales were $4.81 billion, surpassing both consensus and management guidance. 3. The company raised its fiscal 2025 earnings and sales outlooks. 4. Analysts' price targets for Macy's varied, indicating mixed market sentiment. 5. Macy's shares saw a 4% increase following the earnings announcement.