Macy's stock falls as it cuts guidance in the face of ‘external uncertainties'
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Macy's stock has declined after the company reduced its financial guidance due to external uncertainties, indicating a potential profit shortfall. The retailer is adopting a cautious approach to its outlook.
March 06, 2025 | 1:00 pm
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Macy's has reduced its financial guidance, leading to a decline in its stock price. The company cites external uncertainties and warns of a profit shortfall, adopting a cautious outlook.
Macy's decision to cut its financial guidance and warn of a profit shortfall is a significant negative indicator for investors, likely leading to a decrease in stock price. The company's cautious outlook in response to external uncertainties further supports this negative impact.
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