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Macy's profit, sales slip and it cuts 2025 profit forecast, but tops Q1 expectations

Macy's profit, sales slip and it cuts 2025 profit forecast, but tops Q1 expectations

Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that the U.S. trade war will have on the company and its shoppers, trimmed its profit forecast for 2025

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