Macy's misses the mark on fourth quarter same-store sales growth as it issues cautious 2025 guidance
Published On Mar 6, 2025, 7:19 AM
Macy's reported fourth-quarter results, achieving adjusted earnings per share of $1.80, exceeding estimates but saw same-store sales growth of just 0.2%, falling short of the expected 1.23%. The company provided a cautious outlook for 2025, projecting revenue between $21.0 billion to $21.4 billion, also below 2024 figures. The anticipated decrease in same-store sales for 2025 (0.5% to 2%) and lower adjusted earnings per share guidance has led to a 2.7% pre-market drop in shares. Tariff pressures and overall consumer caution heavily influenced these results and forecasts.
Stock Forecasts
M
Negative
Given the disappointing sales growth and negative guidance, combined with macroeconomic pressures such as tariffs affecting cost of goods, it looks likely that Macy's will continue facing challenges in maintaining its stock value. The cautious outlook may lead to further declines in share prices as investors reassess the company's recovery strategy.
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