Should You Buy Macy's Stock After Q3 Earnings?
Macy's (NYSE: M) stock soared after the company reported fiscal third-quarter earnings on Nov. 18. The company has done a masterful job bouncing back from the disruptions caused by the coronavirus pandemic.
And even with the deadly virus still in circulation, third-quarter revenue was higher than in the same period of 2019, before the outbreak. That was one of a few promising signs for Macy's shareholders and potential investors. Let's dig a little deeper into the latest results.
Source Fool.com