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Macy's Says Tariffs May Lower Profits This Year—Joining These Companies Warning Of Tariff Impacts
HDHome Depot(HD) Forbes·2025-05-28 22:05

Macy's is the latest firm to warn about the impacts of tariffs on business.Macy’s on Wednesday lowered its full-year forecast for profit in 2025 as the retailer warned about higher tariffs affecting its business, the latest company to flag concerns and cut projections, citing uncertainty over U.S. tariffs.Macy’s, whose first-quarter revenue and earnings beat out Wall Street’s expectations, according to FactSet, lowered its full-year outlook for earnings per share, as the retailer cited “initial and current ...