Macy's has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.

Macy’s reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and improved customer service drove more…

Macy's has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.

Macy's raises outlook after fourth consecutive quarter of sales gains in a reboot for the retailer under CEO Tony Spring

Comparable sales rose 3% overall, led by a 10.2% gain at Bloomingdale's, as the retailer's turnaround strategy gains traction

Macy's (NYSE: M) shares rise after Q1 earnings beat Wall Street estimates with $4.68B in revenue. Read the full financial breakdown.

This latest positive indicator follows a prolonged period of sales decline for Macy's

After years of decline, Macy’s sales have grown for a fourth straight quarter.