Macy’s Emerges From Pandemic by Swinging to Surprise Profit

Macy’s Emerges From Pandemic by Swinging to Surprise Profit
Shoppers arrive at a Macy's in Charlotte, N.C., on Feb. 22, 2021. Chris Carlson/AP Photo
The Associated Press
Updated:

Macy’s emerged from an unprecedented year with a surprising swing back into the profit column and it boosted its guidance for all of 2021.

Sales were fueled by government stimulus checks and the massive rollout of vaccines that have emboldened Americans to head outdoors again, the company said.