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Target Just Slashed Its Annual Sales Forecast. Here’s How It ‘Lost Its Way’
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.S. President Donald Trump’s trade war.
Mexico's headline inflation rose more than expected in the first half of May, data from the national statistics agency showed ...
↘️ Target (TGT): The retailer posted weaker-than-expected sales and cut its annual forecast, citing uncertainty around tariffs and consumer demand. Shares fell about 4%. ↘️ Lowe’s (LOW ...
The annual headline rate in the first half of this month — above the 4.01% consensus forecast of analysts polled by Reuters — ...
Cost impact from tariffs of $1 billion-$1.5 billion a year Q3 revenue misses estimates as consumers cut spending Shares ... the trade war and lowered its annual forecasts, as consumers cut ...
(Reuters) - HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index below the 6000 mark, weighed down by slower U.S. economic growth and tariff ...
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