Macy’s Inc. boosted its full-year earnings forecast, citing a “strengthening trend” starting in the fourth quarter, and announced a deal to purchase beauty and spa chain Bluemercury.

The department-store operator expects adjusted profit for the year ended Jan. 31 to be as much as $4.35 to $4.37 cents a share, according to a statement on Tuesday. Macy’s had previously predicted $4.25 to $4.35, while analysts had estimated $4.33 on average. Comparable sales in the fourth quarter increased 2.5 percent, less than the company’s earlier forecast of as much as 3 percent growth.

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