Macy’s raised its annual outlook and reported its best comparable sales growth in three years. “This is the beginning of a momentum change at Macy’s,” Chief Executive Officer Tony Spring said in an interview with Bloomberg’s Romaine Bostick. Spring said the company’s back-to-school season is “off to a good start,” which is a “good barometer” for the holiday season. Shares rose sharply on the earnings report. Spring also talked about the impact of President Donald Trump’s tariffs. Bostick recaps his interview on "Bloomberg Open Interest."
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