Macy’s Cuts Annual Profit Forecast Amid Tariff Uncertainty

Macy’s lowered its annual profit forecast due to tariff-related uncertainty and cautious consumer spending, despite beating first-quarter net revenue estimates.

May 28, 2025 - 13:45
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Macy’s Cuts Annual Profit Forecast Amid Tariff Uncertainty
Macy’s lowered its annual profit forecast due to tariff-related uncertainty and cautious consumer spending, despite beating first-quarter net revenue estimates.