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Target (TGT) Warns of Full-Year Sales Decline After Discretionary Slump and DEI Backlash
The company reported a 2.4% decline in transactions and a 1.4% drop in average customer spending. While digital sales rose 4.7%, it wasn't enough to offset broader weakness in its core discretionary categories.
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ToplineTarget on Wednesday lowered its full-year forecast for sales in 2025, as executives said consumers have spent less ...
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
Target reports 7% sales decline after rolling back DEI initiatives, facing community boycotts and advocacy group protests ...
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Target's sales drop in Q1, and they may continue dropping all yearTarget's sales fell more than the Minneapolis-based retailer expected they would in the first quarter, and the company is ...
The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty ...
Target (TGT 2.20%) has seen its stock price tumble approximately 30% year to date, underperforming the broader market by a ...
For fiscal 2025, the company said it now expects a low-single digit decline in sales, and GAAP EPS of $8 to $10. Adjusted EPS ...
Minneapolis-based retailer put its chief operating officer, Michael Fiddelke, in charge of a new unit that will find ways to ...
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