Macy's, Inc. ( M - Free Report ) reported fourth-quarter fiscal 2022 results, wherein both the top and the bottom line beat the Zacks Consensus Estimate but declined from the respective year-ago fiscal quarter's reported figures. Comparable sales fell on an owned basis and an owned-plus-licensed basis. Management believes that the Polaris Strategy positions M well to navigate the dynamic retail landscape. Also, both Bloomingdale's and Bluemercury brands outperformed in the said quarter. Shares of Macy's have increased 19.4% over the past three months compared with the industry 's 13.7% gain.