3 Analysts Offer Mixed Views On Macy's Q1 Earnings


Macy’s Inc reported a vibrant financial performance in its Q1 earnings report released Tuesday. Three analysts tracking the retailer offered responses ranging from encouraging to unimpressed.

The View From Telsey: Telsey Advisory Group’s CEO and Chief Research Officer Dana Telsey cited Macy’s “strong start to FY21 with top- and bottom-line results coming in well ahead of guidance and expectations, inventory remaining clean, and digital sales continuing to grow.”

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