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

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Summary
Nutrition label

73% Informative

Macy 's now expects adjusted earnings per share of $ 1.60 to $ 2 , down from its previous forecast of $ 2.25 .

The department store operator beat Wall Street's earnings and sales estimates for the first quarter .

Macy 's is in in the middle of a turnaround effort, as it moves to close roughly 150 of its namesake stores and lean into its stronger businesses.

VR Score

81

Informative language

84

Neutral language

57

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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