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Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as ...
Unlike Walmart, Target is more heavily reliant on China for goods, and tariffs on its goods are driving earnings down.
STORY: Shares of Target fell as much as eight percent Wednesday morning after the retailer slashed its annual sales forecast and posted a sharp drop in quarterly same-store sales.Target attributed its ...
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 ...
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty ...
Target slashes its 2025 forecast after Q1 sales fell short. Tariffs, customer boycotts, and economic worries hurt traffic and discretionary spending.
Target slashed its annual sales forecast today, after a surprisingly sharp fall in quarterly same-store sales, as customers ...