Macy's turnaround shows promise as earnings beat estimates, outlook improves — Live Feedhttps://www.live-feeds.com/feed/macy-s-turnaround-shows-promise-as-earnings-beat-estimates-outlook-improvesContinuously updated, source-cited coverage. Macy's Raises Outlook As Turnaround Progresseshttps://www.live-feeds.com/feed/macy-s-turnaround-shows-promise-as-earnings-beat-estimates-outlook-improveshttps://www.live-feeds.com/feed/macy-s-turnaround-shows-promise-as-earnings-beat-estimates-outlook-improves#u70395Wed, 16 Sep 2026 12:27:33 +0000Macy's upgraded its full-year 2026 outlook following stronger second-quarter results, driven by performance at upscale Bloomingdale's and Bluemercury stores. However, heavier third-quarter investments and soft earnings guidance highlight lingering near-term risks that recently pushed company shares down by five percent despite the beaten estimates. Market analysts questioned the specific revenue sources, while retail peers like Kohl's and TJX experienced minimal movement following the announcement. Executives from Macy's and Capri Holdings discussed their respective recover Macy's Raises Outlook as Turnaround Gains Tractionhttps://www.live-feeds.com/feed/macy-s-turnaround-shows-promise-as-earnings-beat-estimates-outlook-improveshttps://www.live-feeds.com/feed/macy-s-turnaround-shows-promise-as-earnings-beat-estimates-outlook-improves#u64941Fri, 11 Sep 2026 09:35:46 +0000Macy's raised its full-year outlook and surpassed second-quarter earnings and revenue estimates. Higher-income shoppers at upscale Bloomingdale's and Bluemercury stores drove the positive results, lifting annual forecasts as the retailer's turnaround strategy takes hold. Despite the upbeat earnings report and increased guidance, company shares fell sharply by five percent. Retail peers including Kohl's and TJX saw minimal movement following the announcement. Analysts noted that the share drop stemmed from questions surrounding the specific sources of the revenue generation.