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Tariffs, DEI backlash take toll on Target’s Q1 earnings
The company cut its guidance for sales and earnings and now expects a low, single-digit decline in sales, down from a previous growth projection of 1 percent, and GAAP earnings-per-share of $8 to $10, down from its previous guidance of $8.80 to $9.80.
Tariff-related uncertainty, consumer boycotts, and weak demand for discretionary hurt the retailer’s first quarter.
The retail giant Target continues to wander in troubled territory. In an earnings call today, CEO Brian Cornell told ...
What Their Latest Results Mean for Shoppers This spring, Target and Lowe’s—two of America’s most familiar retailers—shared ...
Target is giving itself black eyes on its earnings day. The discount retailer badly missed Wall Street estimates for first quarter earnings on Tuesday morning and slashed its full ...
Target is slated to post first-quarter results before the bell on Wednesday, with analysts cautiously optimistic about the ...
Target is set to announce its fiscal first-quarter earnings on Wednesday, with analysts forecasting earnings of $1.70 per ...
After Walmart recently warned that tariffs would force it to raise some prices, Home Depot said it [would hold the line](https:// ...
We’re constantly adjusting pricing,” Target CEO Brian Cornell said during an earnings call on Wednesday, as reported by CNBC.
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