Retail

Macy’s cuts profit outlook as tariffs, promotions hit its business

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

May 28, 2025 - 13:00
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Macy’s cuts profit outlook as tariffs, promotions hit its business
Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook as tariffs complicate its turnaround strategy.
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