Macy's Cuts 2025 Profit Outlook
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•Business
Business & Economics
Macy’s cuts profit outlook as tariffs, promotions hit its business

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.
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