Macy's Beats Estimates, Lowers Profit Outlook Amid Tariff Impacts

Macy's, a big store chain, made more money than expected in the first few months of the year.

Even though sales went down a little, they still did better than predicted.

However, they think they won't make as much profit next year.

This is because things cost more due to tariffs, which are extra taxes on goods from other countries, and because people aren't spending as much money.

Macy's is trying to deal with this by carefully changing prices and finding new places to buy things from.

They also announced they would close some stores.