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Posted by
Two Blokes May 28, 2025 -
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Stock
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Macy's, Inc. (NYSE:M) lowered its full-year profit forecast on Wednesday, citing pressure from higher tariffs and cautious consumer spending, even as it reported stronger-than-expected first-quarter results. The department store chain now expects fiscal 2025 earnings of $1.60 to $2 per share, down from a prior range of $2.05 to $2.25.
