Macy's Stock Surges 11% in May on Earnings Beat and New Stake
In May, Macy's stock rose by 11%, driven by a solid earnings beat and a new stake from Berkshire Hathaway. The company reported adjusted EPS of $0.13 for the fiscal first quarter (ended May 3), surpassing expectations by $0.10.

Topics: Berkshire Hathaway investment comparable sales growth earnings report Macy's