Berkshire Hathaway Invests $55 Million in Macy's Amid Retail Recovery

In Q1 2026, Berkshire Hathaway (BRK.B) made an unexpected investment of $55 million into Macy’s Inc. (M), signaling potential confidence in the retail sector amid a long-term decline for the department store giant. Despite losing nearly half its stock value since 2015 and closing many locations, Macy's reported strong adjusted earnings per share recently.

By Leo Miller, MarketBeat Mon, June 8, 2026 at 5:00 PM GMT+3 5 min read · Yahoo Finance · June 8, 2026, 14:00 UTC

Topics: Berkshire Hathaway Macy's Inc. Retail Sector Stock Movement

Read the full article at Yahoo Finance

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