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Macy's said second-quarter net sales, comparable sales, adjusted EBITDA and adjusted diluted EPS all exceeded guidance. The company reported 2.7% comparable sales growth and said adjusted EPS was 63 cents, helped by tariff refunds.
Operating in a soft market, the business is gaining share through product differentiation, builder partnerships, and targeted marketing, especially in the southern U.S. Lean manufacturing and value engineering support margin expansion, while M&A and new product categories like automatic pool covers…