Macy’s shares rise as the company raises its earnings outlook for 2022 despite the uncertain retail landscape
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images Macy’s reported first-quarter earnings and sales tax on Thursday ahead of analysts’ expectations as shoppers returned to malls to buy new clothing, luggage and luxury items despite decades of high inflation that has threatened …