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Macy's posted fiscal second-quarter earnings Wednesday that easily topped Wall Street's expectations, as it said revamped stores helped sales trends.

The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between $21.15 billion and $21.45 billion, compared with $21 billion to $21.4 billion.

The stock closed 20% higher on Wednesday.

Macy's had slashed its full-year guidance last quarter and reported uncertainty in sales due to President Donald Trump 's tariffs.

"We're just well positioned right now for the environment we're in to take share, to deliver for our c

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