Macy's beats on earnings but cuts 2025 guidance because of tariffs
Macy’s gave Wall Street a masterclass in mixed signals on Wednesday: The department store chain beat first-quarter earnings expectations — then cut its full-year profit forecast, citing tariff pressures and cautious consumer spending related to the U.S. trade war.Read more...
Macy’s gave Wall Street a masterclass in mixed signals on Wednesday: The department store chain beat first-quarter earnings expectations — then cut its full-year profit forecast, citing tariff pressures and cautious consumer spending related to the U.S. trade war.
