Associated Press | Macy’s Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise to local markets. However, the department store operator, which boosted its annual outlook last month, said it’s too early to further raise its guidance for the year because of economic uncertainty. Still, shares rose more than 2 percent, or 54 cents, to $24.44 in early morning trading.

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