is working closely with suppliers"on the potential impact to our shared customers," CEO Jeff Gennette said during the company's first-quarter earnings call.
But Yardeni Research isn't convinced Macy's can fully mitigate the impact of tariffs this year, particularly with its China exposure. The company cut its full-year earnings forecast, partly due to the recently hiked tariffs on its China-sourced home and accessories products, Yardeni Research pointed out.
It's a goddamn shame that anyone has to treat that shithead like an adult. Put him in day-care.