Macy’s reports increase in Q2 earnings, comparable sales rise 61.2 percent

Macy’s, Inc. reported diluted earnings per share of 1.08 dollars and adjusted diluted earnings per share of 1.29 dollars for the second quarter compared to a diluted loss per share of 1.39 dollars and an adjusted diluted loss per share of 81 cents in second quarter 2020. The company said this compares to diluted earnings per share and adjusted diluted earnings per share of 28 cents in second quarter 2019.