The news: Macy’s turnaround efforts helped it swing to a fourth-quarter profit from a loss last year, but the department store operator gave a soft sales outlook amid uncertainty over tariffs and consumer spending.

• Sales fell 4.3% to $7.77 billion, trailing analyst expectations of $7.87 billion.
• Adjusted profit came to $1.80 a share, beating the $1.53 LSEG analyst estimate.