Macy's stock climbs after topping Q1 earnings estimates

Let's talk about Macy's, those shares are higher after the company top first quarter earnings expectations and raised its full year earnings guidance.But the expectations were quite low.

But CFO Adrian Mitchell once again, citing that this is a difficult consumer background environment and they continue to believe that there's a lot of uncertainty and inflation continues to remain stubborn, perhaps pushing off uh customers from coming in more.They're seeing a lot more ground there.They plan to build out 30 stores in the next three years and Bloomingdale's comps were up 0.3%.So people still liking and going to those luxury region.

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