Macy’s Cuts Input Forecast, warns price increases in selected products

Macy’s managers warned the retailer on Wednesday to raise the prices of selected products due to global tariffs.

Tony spring last year to lead the company’s return last year, the company has been exposed to China, reduces the commands of suppliers and the effect of the work, “he said,” he does not need to be a value offer “or canceling the effects of the work, he said.

Chief Financial Officer Adrian Mitchell said that the company’s tariffs are “surgical” and the company’s customer value equation is strong in certain stamps and categories.

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This is rapidly the latest in the continued industry changes and competitions, this is struggling to force a new strategic plan to return to profitability.

“We are closely following Southeast Asia and Europe and exposed to the restricted source in Canada and Mexico.

Again, “Some effects that affect our total margin this year will be around the tariffs,” Mitchell said. The company estimated that the tariffs would affect the main points of Macy’s annual margin about 20 to 40. This projection includes an inventory under 145% of the temporarily applied to China in April.

Ticker	Safety	Last	Change	Change%
M	Macy’s Inc.	12.04	+0.47	+ 4.06%

The company has a full annual earnings management due to tariffs, some moderates and a highly competitive advertising view of consumer’s arbitrary spending.

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The company is waiting for a fixed earnings per share, which is $ 1.60 to $ 2.25, which is previously not waiting for the full annual sales management of 21 billion and $ 21.4 billion for 2025.

Macy’s is one of a handful of retail from the ongoing trade war. Last week, the target reported a softer revenue than expected income and reduced the management for the year because the tariff faced uncertainty. The company has already warned that it will be earlier this year More than year income pressure In the first quarter, according to the rest of the year, according to the uncertainty of the tariff.

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Meanwhile, Walmart warned possible price increases, taking into account the size of the tariffs.

“Even in reduced levels declared this week, we cannot master all the pressure, taking into account the reality of narrow retail margins,” said Walmart CEO Doug McMillon.

Shortly afterwards, Trump fluttered in an article in TRUE SIIC, saying the company’s “Eat tariffs”.