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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 says it will mitigate tariffs as Walmart warns of price increases
Minneapolis-based Target Corp. told investors Wednesday that raising prices in the face of tariffs would be a last resort for ...
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 calls price hikes a 'very last resort' for offsetting tariffs as sales slump
Retailers have been treading carefully around the question of price increases and import taxes since Trump slammed Walmart last weekend.
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 ...