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Macy's raises profit outlook as demand for high fashion picks up

Luxury demand holding strong despite inflation – CEO Faster-than-expected shift back to in-store shopping in Q1 Demand for casual and lounge wear slowing, company says Q1 adj EPS of $1.08 vs Refinitiv est of $0.82 May 26 (Reuters) – Macy’s Inc (M.N) raised its annual profit forecast on Thursday, helped […]