Macy's CEO says retailer will hike some prices as tariffs cut into profits

Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook as tariffs complicate its turnaround strategy.

May 28, 2025 - 14:20
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Macy's CEO says retailer will hike some prices as tariffs cut into profits
Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook as tariffs complicate its turnaround strategy.