Macy’s Quarterly Profit Tops Estimates as Stock Buyback Boosted – Bloomberg

Macy’s Quarterly Profit Tops Estimates as Stock Buyback Boosted
Bloomberg
Macy’s Inc. (M), the second-largest U.S. department-store chain, reported fiscal first-quarter profit that beat analysts’ estimates and increased its share buyback program by $1.5 billion. The shares advanced. Net income in the period ended May 4 rose 20 …
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