Macy’s, Inc. (M) has reported first-quarter fiscal 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. However, total revenues and earnings declined from the year-ago quarter’s reported figures. Comparable sales fell on an owned basis and an owned-plus-licensed basis.M shares have gained 29% in the past six months compared with the industry’s 25% growth.Sales & Earnings PictureMacy’s, currently carrying a Zacks Rank #3 (Hold), reported adjusted earnings of 27 cents per sha ...