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Tariff uncertainty, DEI backlash hurt Target’s results. Price increases are ‘the very last resort,’ CEO says.
Target said reaction to the rollback of its diversity, equity and inclusion efforts was a headwind in the first quarter.
Target cuts sales forecast on shopper pullback, tariff hit
The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty ...
Target Stock Drops After Retailer Flags Waning Consumer Confidence
A handful of retailers, including Walmart, have so far announced plans to raise prices because of tariffs. On Wednesday, ...
Target’s weak results were the quarter’s ‘least-well-kept secret,’ but immediate improvement seems elusive, analysts say
The past few years of cost-of-living increases, which have forced many shoppers to focus on the basics, have shifted that ...
Target: Fiscal Q1 Earnings Snapshot
MINNEAPOLIS — MINNEAPOLIS — Target Corp. (TGT) on Wednesday reported fiscal first-quarter earnings of $1.04 billion. The Minneapolis-based company said it had net income of $2.27 per share. Earnings, ...
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Target's Challenges Escalate Amid Shifting Consumer Landscape and Operational Pressures
Retail giant Target is facing an increasingly complex array of challenges, from slumping sales and shifting consumer spending ...
Target falls after earnings show further market share losses to Walmart and Costco
Target Corporation (NYSE:TGT) traded lower in early trading on Wednesday after posting weaker-than-anticipated Q1 results and ...
Target slashes guidance after poor Q1; two C-level execs leaving
Target Corp.'s 2025 is off to a rough start, with the retailer missing sales and earnings expectation for the first quarter and cutting its guidance for the remainder of the year. There are plenty of ...