Target, Memorial Day
Digest more
Target sales plunged in the first quarter amid concerns about Trump's tariffs, inflation and backlash to its pull back on DEI
Many investors were eager to see how retail giant Target's (NYSE: TGT) latest quarter would look, and, unfortunately, it wasn't great. The company missed analysts' consensus estimates for sales and earnings,
Target should eventually return to growth, though the stock is likely to be dead money until the company can deliver some positive numbers. At this point, that's unlikely to come until at least next year.
Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent growth.
Butler assures fans of the beauty brand that the drop was not unexpected, but rather an anticipated side effect of supporting the Target boycott.
Explore more
Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.
With summer just around the corner, here are some things from Target that retirees need to buy ahead of the warmer weather.
Walmart is still growing in a challenging environment. Target is struggling to keep up as it faces tougher headwinds. The pricier stock with the lower dividend is still the better buy. But over the past three years,
Black church leaders plan to boycott Target on the anniversary of George Floyd's death. Here's why and whether boycotts have worked.