Tuesday, June 9, 2020

https://www.cnbc.com/2020/06/09/macys-shares-soar-company-says-reopened-stores-topping-expectations.html

CNBC
Macy’s shares soared Tuesday as the company released its preliminary financial results, saying it is regaining customers at reopened stores much quicker than it expected.

With the retailer’s stores forced shut for much of its fiscal first quarter due to the coronavirus pandemic, sales are expected to fall 45% to $3.02 billion from $5.5 billion a year ago, the company said. . . . more

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