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Macy's Raises Full-Year Sales Outlook Again

Wall Street Journal US Business •
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Macy's has lifted its full-year net sales outlook to a range of $21.68 billion to $21.83 billion, up from the previous June outlook of $21.5 billion to $21.75 billion. This adjustment reflects continued sales growth and positive momentum in the department-store sector. The retailer cited strong performance across its various segments as the driving force behind the raised guidance.

Investors reacted favorably to the news, viewing the update as a sign of resilience in the current retail environment. The company's ability to exceed expectations consistently has positioned it as a standout performer among traditional brick-and-mortar retailers facing ongoing economic pressures.