CEO Jeff Gennette

NEW YORK | Macy’s profit surpasses expectations, shares soar

NEW YORK (AP) — With customers in a mood to spend, particularly on clothing, Macy’s surpassed all profit and revenue expectations for the first quarter of the year and raising its outlook. Its shares surged nearly 7 percent Wednesday, and the results helped the stocks of other department store chains, all trying to appeal to … Continue reading NEW YORK | Macy’s profit surpasses expectations, shares soar