Target’s stock drops
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Target stumbles
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Stocktwits on MSNTarget Stock Sinks After Slashing Outlook, Q1 Earnings Miss – Retailer Warns Of Trump-Era Tariffs And Spending SlowdownTarget (TGT) shares plummeted as much as 6% in pre-market trade on Wednesday after the retailer slashed its full-year sales outlook and missed Wall Street’s expectations on first-quarter earnings. The company’s earnings per share (EPS) came in at $1.
Target shares dip after Q1 earnings and sales miss estimates, with the company slashing FY2025 outlook amid soft consumer demand.
Bank of America downgraded Target, citing weak sales and margin outlook. Target's sales declined on weaker customer sentiment due to tariffs.
The TJX Companies, which also owns Marshalls and HomeGoods, maintained the same full-year outlook it released last quarter.
Trump’s tariffs and the global trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.