Macy’s beats Q1 estimates but lowers 2025 profit outlook amid tariff impact

Macy's Inc. reported a first-quarter sales and profit decline, yet surpassed Wall Street expectations. The company is carefully managing its pricing strategy amid the evolving tariff landscape. Due to cautious consumer behavior and rising tariff costs, Macy's has revised its full-year profit forecast downward, joining other retailers navigating economic uncertainty and pricing pressures.