Macy's Q1: Sales Dip, Outlook Trimmed

  Published 1 year ago

Macy’s Q1 sales fell, prompting a lowered 2025 profit forecast due to cautious consumers and trade war concerns, despite beating some expectations. The company remains focused on internal improvements and navigating economic uncertainty.

  • Sales decreased to $4.79 billion YoY.
  • Profit forecast lowered to $1.60, $2/share.
  • Focus on merchandise & store brand improvements.

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