Macy's Says Tariffs May Lower Profits This Year—Joining These Companies Warning Of Tariff Impacts
1. Macy’s lowers full-year earnings outlook due to tariffs and weak spending. 2. Target expects sales decline in 2025 amid tariff uncertainty. 3. Major retailers cite tariffs as a reason for lowered forecasts and price increases. 4. General economic uncertainty is affecting many sectors, causing financial guidance withdrawals. 5. Tariffs are predicted to disrupt the supply chain and raise consumer prices.