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Macy's raises full-year guidance after strong second-quarter results

  • Macy's reported strong second fiscal quarter results and raised its full-year guidance.
  • Macy's increased its outlook for net sales and comparable sales.
  • Macy's is implementing a turnaround strategy to return to growth amid department-store challenges.

Macy's reported strong second fiscal quarter results on Thursday and raised its full-year guidance. The retailer increased its outlook for net sales and comparable sales as it works to return to growth through a turnaround strategy facing difficult conditions for department stores.

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