BUZZ-Macy's rises after raising annual forecasts

** Up to last close, stock down ~2% YTD

** Macy's now expects fiscal 2026 net sales of $21.68 billion to $21.83 billion, compared to prior view of $21.50 billion to $21.75 billion

** Sees adj. EPS of $2.15 to $2.35 vs prior target of $2.00 to $2.20

** Shares of Macy's M.N gained ~3% to $22.06 premarket

** The department store operator raises annual forecasts after an upbeat quarter

** Resilient spending by wealthier shoppers drives growth at upscale banners such as Bloomingdale's and Bluemercury

** Q2 sales of $4.87 billion beat analysts' estimates of $4.83 billion - data compiled by LSEG

** Q2 adj. EPS came in at 63 cents, including a 23-cent contribution from tariff refunds