Macy’s recent financial results indicate a challenging year ahead, with the looming trade war casting a shadow over its performance. While the company’s turnaround strategy is beginning to show some progress, struggling stores have negatively impacted its quarterly results. The retailer’s fourth-quarter performance was mixed, and its outlook for 2025 has been tempered by the effects of tariffs and cautious consumer spending. Macy’s has also lowered its guidance amidst external uncertainties, leading to a decline in its stock price. The soft sales forecast underscores that the company’s efforts to regain momentum are taking longer than expected. — news from The New York Times