finance.yahoo.com

Macy’s Shares Fall 5% After Raised Outlook Tied to Tariff Refund

Macy's logoMacy's
Sig1.88Sen-2.40Env0.00Soc0.00Gov0.00
Kohl's logoKohl's
Sig1.15Sen-1.15Env0.00Soc0.00Gov0.00
TJX Companies logoTJX Companies
Sig1.92Sen+0.25Env0.00Soc0.00Gov0.00

Macy’s shares fell about 5% even as the company nearly doubled the $0.36 EPS consensus and raised its outlook. Investors discounted the guidance because it includes a 5-cent tariff refund benefit. Kohl’s slipped under 1% and TJX held flat, indicating the selloff was specific to Macy’s rather than a broader retail move.

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