Canaves: 'This is a Big Turnaround for Macy's'

September 3, 20256m 44s

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Show Notes

With Macy's (M) on the move higher after its latest earnings, Sky Canaves joins Diane King Hall to discuss the retailer's report. She posits if the strong rally's foundation belongs to strength of the U.S. consumer or Macy's turnaround efforts. Sky cites the company's bullish outlook for the rest of the year, but cautions that she will still be tuned in to the commentary around tariff pricing impact. Sky points to the store refreshes, improvement in its Bloomingdale's division and Blue Mercury sales. Later, Sky examines American Eagle (AEO) and the overall retail sector.

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