Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War
Published On Mar 6, 2025, 7:26 AM
Macy's reported a marginal increase of 0.2% in comparable sales during the holiday season, the best performance in nearly three years, though it anticipates challenges ahead due to economic factors such as inflation and newly imposed tariffs on imports. The company is executing a turnaround strategy, including closing underperforming stores but expects revenues to decrease and comparable sales to potentially drop by 2% this year. Macy's shares have declined by about 20% this year, reflecting investor concerns over its future performance.
Stock Forecasts
M
Negative
Macy's faces a turbulent year ahead primarily due to economic pressures such as tariffs and inflation impacting consumer spending. The cautious outlook could lead to further declines in stock value, despite the recent modest sales increase. Investors should be wary of the challenges that could hinder Macy's recovery efforts.
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