Macy's misses the mark on sales growth and warns on profits as Trump tariffs linger
Published On Mar 6, 2025, 7:23 AM
Macy's has reported disappointing results for fourth-quarter sales and warned of challenges ahead due to ongoing tariffs and a cautious consumer base. The company's adjusted earnings per share were better than expected, but same-store sales growth fell short of analyst projections, rising only 0.2%, far below the anticipated 1.23%. For 2025, Macy's expects revenue and same-store sales to decline, which has led to a drop in stock prices. The management is also facing scrutiny for their turnaround strategy amid an economic environment hindered by tariffs impacting costs for brands.
Stock Forecasts
M
Negative
Macy's is facing significant headwinds from tariffs, which could impact its pricing strategies and overall consumer demand. With guidance suggesting continued revenue declines and decreasing same-store sales, investor sentiment is likely to remain bearish. Furthermore, the past performance of its turnaround efforts adds to investor skepticism about the company's future prospects.
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