Macy's Raises Outlook As Bloomingdale's And Bluemercury Outshine Core Brand

1. Macy's Q2 earnings surpassed expectations, boosting M stock significantly. 2. Net sales of $4.81 billion, beating guidance and consensus estimates. 3. Adjusted earnings reached 41 cents per share, far exceeding analyst predictions. 4. Fiscal 2025 guidance revised upwards, indicating increased confidence in future performance. 5. Shares surged nearly 20%, trading at $16.17, near its 52-week high.