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Macy’s cuts FY25 adjusted EPS view to $1.60-$2.00 from $2.05-$2.25

FY25 consensus $1.92. Backs FY25 revenue view $21B-$21.4B, consensus $21.03B. Backs FY25 comparable owned-plus-licensed-plus-marketplace sales change down ~2.0% to down ~0.5%.

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