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Macy’s stock falls as it cuts guidance in the face of ‘external uncertainties’ – Vested Daily

Macy’s stock falls as it cuts guidance in the face of ‘external uncertainties’

March 6, 2025

https://images.mktw.net/im-93996266

Last Updated: March 6, 2025 at 7:49 a.m. ET
First Published: March 6, 2025 at 7:19 a.m. ET

Macy’s stock was down 3.1% in premarket trading on Thursday after the retailer issued a profit warning as it faces “external uncertainties” amid turnaround efforts.

Macy’s

M said its lower-than-expected earnings expectations for the first quarter and full year reflect an unclear immediate future for customers and its core nameplate retail brands including Macy’s, Bloomingdale’s and Bluemercury.