| July 1st | 2020 1:00AM
Macy's (NYSE: M) Comeback Still a Thing Despite First-Quarter Losses
It was just about a week ago when we took a look at Macy's (NYSE: M) and discovered that there might be a comeback buried in this outmoded little dinosaur of mall-facing retail. The company announced its first-quarter sales figures, and while they were pretty much as bad as was expected, they weren't as bad as they might have been.
Bad, But Not That Bad, Considering
Everybody knew that the first quarter was going to be pretty bad at Macy's.